Glossary
SBA Terms

B/E (Business EIDL) Loan

A business loan that incorporates physical losses and economic injury for the same legal entity or individual.

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.
Intermediary Organization
Organizations that play a funda...
Small Disadvantaged Business Concern
A small business concern that...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
NAICS
NAICS codes are common...
Physical Loans
Funds to repair/replace dis...
Electronic Data Interchange
Transmission of information bet...
Substantial Damage
This means uninsured or otherwise uncompensated...
Subcontract
A contract between a prime cont...
Comparative Analysis
Is designed to point out significant trends that...
Credit Elsewhere Test (CET)
The test to determine the...
Phase 2
Process to be used to determine economic injury for...
Injury Period
The time period during...
Affiliates
Business concerns, organizations, or...
Phase 1
Process used to determine the...
Hardship Waiver
Method used to approve a...

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