Glossary
SBA Terms

Balance Sheet or Statement of Financial Position

Reports an entity’s Assets, Liabilities and Equity (net worth) at a specific time. Assets = Liabilities + Equity.

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.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Sole Proprietor
an individual who...
Affiliated Group
When two or more...
Applicant Entity
The business entity requesting...
Principal
the owner(s) of the Applicant Entity that...
Trend Analysis
A comparative analysis of...
Equity
An accounting term used to...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Small Disadvantaged Business Concern
A small business concern that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Injury Analysis
Measures the effects of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Contract
A mutually binding legal rel..
Assets
The amount of current assets that is left...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Protégé
A firm in a developmental stage that...

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