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.
Injury Period
The time period during...
Acquisition
The acquiring of supplies or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Phase 1
Process used to determine the...
Duplicated Interest
The amount of interest exp...
Liabilities
A financial obligation...
Trend Analysis
A comparative analysis of...
Current Liabilities
A balance sheet item, which...
Primary Activity
The major business activity of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Current Assets
A balance sheet item which equals...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Electronic Data Interchange
Transmission of information bet...

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