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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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.
Principal
the owner(s) of the Applicant Entity that...
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Normal Annual Sales
Those sales that would have...
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Contracting Officer
A person with the authority to...
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Normal Gross Margin
The margin that would have been...
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Cash Flow Test
Part of the CET that determines if...
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Break-even Analysis
A calculation of the approximate sales...
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Collateral
Assets pledged by a borrower to secure a loan...
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Corporation (C-corp.)
The most common form of business org...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Protégé
A firm in a developmental stage that...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Subsidiary
A company for which a majority of the...
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Contractor Team Arrangement
An arrangement in which...
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Injury Period
The time period during...
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