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.
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Electronic Data Interchange
Transmission of information bet...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Break-even Analysis
A calculation of the approximate sales...
Normal Annual Sales
Those sales that would have...
Fair and Reasonable Price
A price that is fair to both parties...
Equity
An accounting term used to...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Contracting Officer
A person with the authority to...
Injury Analysis
Measures the effects of...
Days Payable
A measure of the average time a...
Collateral
Assets pledged by a borrower to secure a loan...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Duplicated Interest
The amount of interest exp...
Partnering
A mutually beneficial business-to-bus...

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