Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Duplicated Interest
The amount of interest expensed that is added back to cash flow to prevent understating CASAD.
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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Credit Elsewhere Test (CET)
The test to determine the...
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Income Statement
Shows the entity’s income and...
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Depreciation
A non-cash operating expense that...
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Protégé
A firm in a developmental stage that...
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Normal Gross Margin
The margin that would have been...
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Liabilities
A financial obligation...
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Break-even Analysis
A calculation of the approximate sales...
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Current Liabilities
A balance sheet item, which...
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Phase 1
Process used to determine the...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Injury Period
The time period during...
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