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.
Subcontract
A contract between a prime cont...
Income Statement
Shows the entity’s income and...
Days Receivable
A measure of the average time a...
Emerging Small Business
A small business concern whose...
Certified 8(a) Firm
A firm owned and operated by socially and...
Defense Contractor
Any person who enters into...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Phase 1
Process used to determine the...
Projection
An estimate of future economic or...
Limited Partnership
A business organization with one or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Joint Venture
In the SBA Mentor-Protégé Program...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Physical Loans
Funds to repair/replace dis...

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