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.
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.
Affiliates
Business concerns, organizations, or...
Guarantor
The legal entity and...
Business Activity
The business (or loss) activity of...
Partnership
A type of unincorporated business org...
Prime Contract
A contract awarded directly...
Trend Analysis
A comparative analysis of...
Projection
An estimate of future economic or...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Cash-basis Accounting
records revenue when cash is...
B/E (Business EIDL) Loan
A business loan that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Capital Leases
are for the purchase of fixed assets such as...
Principal
the owner(s) of the Applicant Entity that...
Request for Proposal (RFP)
A document outlining a...
Fair and Reasonable Price
A price that is fair to both parties...

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