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.
Assets
The amount of current assets that is left...
Cash Flow Test
Part of the CET that determines if...
Principal
the owner(s) of the Applicant Entity that...
Subcontract
A contract between a prime cont...
Corporation (C-corp.)
The most common form of business org...
Mentor
A business, usually large, or...
Defense Contractor
Any person who enters into...
Hardship Waiver
Method used to approve a...
Applicant Individual
aka who is requesting an SBA loan...
Amortization
A non-cash operating expense that...
Adjusted Net Worth
Post disaster fair market value of tangible...
NAICS
NAICS codes are common...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Capital Leases
are for the purchase of fixed assets such as...
Small Business
A business smaller than...

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