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.
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Intermediary Organization
Organizations that play a funda...
Subsidiary
A company for which a majority of the...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Current Liabilities
A balance sheet item, which...
Liabilities
A financial obligation...
S-Corporation
A form of corporation, allowed by...
Projection
An estimate of future economic or...
Phase 2
Process to be used to determine economic injury for...
Lien
A legal claim against an...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Acquisition
The acquiring of supplies or...
Capital Leases
are for the purchase of fixed assets such as...
Contractor Team Arrangement
An arrangement in which...
Companion File
When an applicant has another application filed...

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