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.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Applicant Entity
The business entity requesting...
Depreciation
A non-cash operating expense that...
Prime Contract
A contract awarded directly...
SCORE
Counselors to America's Small Bus...
Contracting
Purchasing, renting, leasing, or...
Normal Annual Sales
Those sales that would have...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Current Liabilities
A balance sheet item, which...
Substantial Damage
This means uninsured or otherwise uncompensated...
Lien
A legal claim against an...
Capital Leases
are for the purchase of fixed assets such as...
Cash-basis Accounting
records revenue when cash is...
Primary Activity
The major business activity of...
Full and Open Competition
With respect to a contract action...

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