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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Latest SBA Loan Rates ->
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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.
Mentor
A business, usually large, or...
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Lien
A legal claim against an...
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Defense Contractor
Any person who enters into...
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Intermediary Organization
Organizations that play a funda...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Protégé
A firm in a developmental stage that...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Current Liabilities
A balance sheet item, which...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Break-even Analysis
A calculation of the approximate sales...
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Physical Loans
Funds to repair/replace dis...
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Collateral
Assets pledged by a borrower to secure a loan...
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