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.
Small Business
A business smaller than...
Contracting
Purchasing, renting, leasing, or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Projection
An estimate of future economic or...
Best and Final Offer
For negotiated procurements...
B/E (Business EIDL) Loan
A business loan that...
Limited Partnership
A business organization with one or...
Principal
the owner(s) of the Applicant Entity that...
Companion File
When an applicant has another application filed...
Contracting Officer
A person with the authority to...
Extraordinary Items
Additional expenses that are...
Injury Analysis
Measures the effects of...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Days Receivable
A measure of the average time a...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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