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
Apply Here

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.
Injury Period
The time period during...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Partnering
A mutually beneficial business-to-bus...
Credit Score Test
Part of the home loan CET show a...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Small Business
A business smaller than...
Principal
the owner(s) of the Applicant Entity that...
Amortization
A non-cash operating expense that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Subsidiary
A company for which a majority of the...
Limited Partnership
A business organization with one or...
Depreciation
A non-cash operating expense that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Defense Contractor
Any person who enters into...
Acquisition
The acquiring of supplies or...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.
How it Works
contact@sbaloans.orgPrivacyToS
SBA Loan Types
SBA 7a LoansSBA 504 LoansDisaster LoansMicroloans
SBA 7a Loan Types
SBA Express LoansStandard 7a Loans7a Small LoansExport Express Loans
SBA Loan Purposes
Buy a new business->Buy real estate->Refinance debt->Refi real estate->
SBA EDU
SBA FAQsSBA GlossaryAbout 7a LoansAbout 504 Loans
Get Started
SBA Loan App ->
SBA Loan RatesSBA Disaster AssistanceAbout Us
Copyright © 2025 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org