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.
Mentor
A business, usually large, or...
S-Corporation
A form of corporation, allowed by...
Fair and Reasonable Price
A price that is fair to both parties...
Acquisition
The acquiring of supplies or...
Working Capital (WC)
The amount of current assets that...
Small Business
A business smaller than...
Emerging Small Business
A small business concern whose...
Joint Venture
In the SBA Mentor-Protégé Program...
Phase 2
Process to be used to determine economic injury for...
Lien
A legal claim against an...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Income Statement
Shows the entity’s income and...
SCORE
Counselors to America's Small Bus...
Operating Leases
are deducted on the company’s...
Current Assets
A balance sheet item which equals...

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