Glossary
SBA Terms

DBA

Doing Business As - generally a trade name such as “Bob’s Burgers” is used, instead of the legal name of Blocker & Sons LLC.

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.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Normal Annual Sales
Those sales that would have...
Collateral
Assets pledged by a borrower to secure a loan...
Days Receivable
A measure of the average time a...
Cash Flow Test
Part of the CET that determines if...
GPM%
The measure of every sales dollar left...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Negotiation
Contracting through the use of...
Full and Open Competition
With respect to a contract action...
Electronic Data Interchange
Transmission of information bet...
Defense Contractor
Any person who enters into...
Break-even Analysis
A calculation of the approximate sales...
Small Business
A business smaller than...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...

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