Glossary
SBA Terms

Electronic Data Interchange

Transmission of information between computers using highly standardized electronic versions of common business documents.

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.
Depreciation
A non-cash operating expense that...
Intermediary Organization
Organizations that play a funda...
Defense Contractor
Any person who enters into...
Current Liabilities
A balance sheet item, which...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Protégé
A firm in a developmental stage that...
Prime Contract
A contract awarded directly...
B/E (Business EIDL) Loan
A business loan that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Principal
the owner(s) of the Applicant Entity that...
Assets
The amount of current assets that is left...
Normal Gross Margin
The margin that would have been...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Emerging Small Business
A small business concern whose...
Projection
An estimate of future economic or...

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