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
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Affiliated Group
When two or more...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Operating Leases
are deducted on the company’s...
Subsidiary
A company for which a majority of the...
Break-even Analysis
A calculation of the approximate sales...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Protégé
A firm in a developmental stage that...
Comparative Analysis
Is designed to point out significant trends that...
GPM%
The measure of every sales dollar left...
Corporation (C-corp.)
The most common form of business org...
Contractor Team Arrangement
An arrangement in which...
Current Liabilities
A balance sheet item, which...
Injury Analysis
Measures the effects of...
Normal Gross Margin
The margin that would have been...

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