Glossary
SBA Terms

Economic Injury Disaster Loan (EIDL)

a working capital loan that provides necessary operating funds to enable eligible businesses to overcome the financial impact of a declared disaster. This loan may not be used to purchase long-term assets.

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
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Fair and Reasonable Price
A price that is fair to both parties...
Contracting Officer
A person with the authority to...
Break-even Analysis
A calculation of the approximate sales...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Extraordinary Items
Additional expenses that are...
Corporation (C-corp.)
The most common form of business org...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Affiliate
Business concerns are affiliates if one concern...
Cash-basis Accounting
records revenue when cash is...
Companion File
When an applicant has another application filed...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Contractor Team Arrangement
An arrangement in which...
Intermediary Organization
Organizations that play a funda...

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