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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Protégé
A firm in a developmental stage that...
Subsidiary
A company for which a majority of the...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Partnership
A type of unincorporated business org...
Subcontract
A contract between a prime cont...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Limited Partnership
A business organization with one or...
Days Receivable
A measure of the average time a...
Normal Annual Sales
Those sales that would have...
Income Statement
Shows the entity’s income and...
Applicant Individual
aka who is requesting an SBA loan...
Comparative Analysis
Is designed to point out significant trends that...

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