GPM%

Gross Profit (GP) / Net Sales (NS). The measure of every sales dollar left after paying for the product; what percent of the sales dollar is left to cover operating costs and to create a profit.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Mentor
A business, usually large, or...
Normal Annual Sales
Those sales that would have...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
B/E (Business EIDL) Loan
A business loan that...
Contract
A mutually binding legal rel..
Small Disadvantaged Business Concern
A small business concern that...
Defense Contractor
Any person who enters into...
Operating Leases
are deducted on the company’s...
Emerging Small Business
A small business concern whose...
Credit Score Test
Part of the home loan CET show a...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Phase 1
Process used to determine the...
Credit Elsewhere Test (CET)
The test to determine the...
Primary Activity
The major business activity of...
Subsidiary
A company for which a majority of the...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.