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.
SCORE
Counselors to America's Small Bus...
Normal Annual Sales
Those sales that would have...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
GPM%
The measure of every sales dollar left...
Operating Leases
are deducted on the company’s...
Liabilities
A financial obligation...
Break-even Analysis
A calculation of the approximate sales...
Sole Proprietor
an individual who...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Full and Open Competition
With respect to a contract action...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Certificate of Competency
A certificate issued by the Small Bus...
Trend Analysis
A comparative analysis of...
Credit Elsewhere Test (CET)
The test to determine the...
Certified 8(a) Firm
A firm owned and operated by socially and...

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