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.
Normal Gross Margin
The margin that would have been...
Subsidiary
A company for which a majority of the...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Amortization
A non-cash operating expense that...
Contracting Officer
A person with the authority to...
Current Liabilities
A balance sheet item, which...
Companion File
When an applicant has another application filed...
S-Corporation
A form of corporation, allowed by...
Current Assets
A balance sheet item which equals...
Working Capital (WC)
The amount of current assets that...
Guarantor
The legal entity and...
Applicant Individual
aka who is requesting an SBA loan...
Emerging Small Business
A small business concern whose...
Electronic Data Interchange
Transmission of information bet...
Depreciation
A non-cash operating expense that...

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