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.
Phase 1
Process used to determine the...
Sole Proprietor
an individual who...
Guarantor
The legal entity and...
Prime Contract
A contract awarded directly...
Partnership
A type of unincorporated business org...
Comparative Analysis
Is designed to point out significant trends that...
Hardship Waiver
Method used to approve a...
Emerging Small Business
A small business concern whose...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Equity
An accounting term used to...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
SCORE
Counselors to America's Small Bus...
Extraordinary Items
Additional expenses that are...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Affiliates
Business concerns, organizations, or...

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