Glossary
SBA Terms

Companion File

When an applicant, affiliate, and/or principal has another application filed for the same disaster for separate damages.

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.
Applicant/Co-Applicant
Business entity and person requesting...
Affiliates
Business concerns, organizations, or...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Acquisition
The acquiring of supplies or...
Injury Period
The time period during...
Trend Analysis
A comparative analysis of...
Partnering
A mutually beneficial business-to-bus...
Amortization
A non-cash operating expense that...
Affiliate
Business concerns are affiliates if one concern...
Extraordinary Items
Additional expenses that are...
Request for Proposal (RFP)
A document outlining a...
Partnership
A type of unincorporated business org...
Primary Activity
The major business activity of...
Credit Score Test
Part of the home loan CET show a...
Fair and Reasonable Price
A price that is fair to both parties...

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