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.
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.
Emerging Small Business
A small business concern whose...
GPM%
The measure of every sales dollar left...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Subsidiary
A company for which a majority of the...
B/E (Business EIDL) Loan
A business loan that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Companion File
When an applicant has another application filed...
Income Statement
Shows the entity’s income and...
Contract
A mutually binding legal rel..
Substantial Damage
This means uninsured or otherwise uncompensated...
Partnership
A type of unincorporated business org...
Normal Annual Sales
Those sales that would have...
Mentor
A business, usually large, or...
Request for Proposal (RFP)
A document outlining a...
Lien
A legal claim against an...

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