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
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Best and Final Offer
For negotiated procurements...
Depreciation
A non-cash operating expense that...
Emerging Small Business
A small business concern whose...
Companion File
When an applicant has another application filed...
Business Activity
The business (or loss) activity of...
Injury Analysis
Measures the effects of...
Current Assets
A balance sheet item which equals...
Break-even Analysis
A calculation of the approximate sales...
Joint Venture
In the SBA Mentor-Protégé Program...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Cash-basis Accounting
records revenue when cash is...
Duplicated Interest
The amount of interest exp...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...

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