Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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Glossary
SBA Terms
Source: SBA.gov
Coastal Barrier Resource Area (COBRA)
A flood prone area in which the government prohibits financial disaster assistance.
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.
Break-even Analysis
A calculation of the approximate sales...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Protégé
A firm in a developmental stage that...
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Applicant/Co-Applicant
Business entity and person requesting...
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Working Capital (WC)
The amount of current assets that...
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Intermediary Organization
Organizations that play a funda...
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Sole Proprietor
an individual who...
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Small Business
A business smaller than...
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Duplicated Interest
The amount of interest exp...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Affiliates
Business concerns, organizations, or...
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Mentor
A business, usually large, or...
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Defense Contractor
Any person who enters into...
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