Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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Latest SBA Loan Rates ->
NEW: SBA Glossary ->
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Glossary
SBA Terms
Source: SBA.gov
Extraordinary Items
Additional expenses that are outside “normal” operations and caused directly by the disaster.
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.
Income Statement
Shows the entity’s income and...
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Current Assets
A balance sheet item which equals...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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B/E (Business EIDL) Loan
A business loan that...
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Acquisition
The acquiring of supplies or...
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Amortization
A non-cash operating expense that...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Protégé
A firm in a developmental stage that...
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SCORE
Counselors to America's Small Bus...
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Days Payable
A measure of the average time a...
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Guarantor
The legal entity and...
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Injury Analysis
Measures the effects of...
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Small Disadvantaged Business Concern
A small business concern that...
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Normal Annual Sales
Those sales that would have...
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