Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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Latest SBA Loan Rates ->
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Glossary
SBA Terms
Source: SBA.gov
Applicant Entity
The LLC, Partnership, Trust or Corporation requesting disaster loan assistance.
Updated on
September 9, 2022
Published on
June 20, 2018
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SBA 7a Loans
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
Explore 7a loans
SBA 504 Loans
SBA 504 loans
are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans
SBA Microloans
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary
Common SBA Terms
Everything you need to know about common terms used to discuss SBA Loans.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Lien
A legal claim against an...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Affiliated Group
When two or more...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Partnering
A mutually beneficial business-to-bus...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Protégé
A firm in a developmental stage that...
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GPM%
The measure of every sales dollar left...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Intermediary Organization
Organizations that play a funda...
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