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 Individual
Individual requesting disaster loan assistance.
Updated on
September 8, 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.
Negotiation
Contracting through the use of...
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Companion File
When an applicant has another application filed...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Injury Period
The time period during...
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Defense Contractor
Any person who enters into...
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Sole Proprietor
an individual who...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Affiliate
Business concerns are affiliates if one concern...
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Income Statement
Shows the entity’s income and...
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Amortization
A non-cash operating expense that...
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Injury Analysis
Measures the effects of...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Affiliated Group
When two or more...
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Liabilities
A financial obligation...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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