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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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Business Activity
The business (or loss) activity of the applicant business prior to any consideration of affiliation.
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.
Defense Contractor
Any person who enters into...
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Principal
the owner(s) of the Applicant Entity that...
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Best and Final Offer
For negotiated procurements...
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Subsidiary
A company for which a majority of the...
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Partnering
A mutually beneficial business-to-bus...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Current Liabilities
A balance sheet item, which...
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S-Corporation
A form of corporation, allowed by...
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Contractor Team Arrangement
An arrangement in which...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Normal Gross Margin
The margin that would have been...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Projection
An estimate of future economic or...
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