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.
Primary Activity
The major business activity of...
Certified 8(a) Firm
A firm owned and operated by socially and...
Cash Flow Test
Part of the CET that determines if...
Phase 1
Process used to determine the...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Lien
A legal claim against an...
NAICS
NAICS codes are common...
Guarantor
The legal entity and...
Current Assets
A balance sheet item which equals...
Partnering
A mutually beneficial business-to-bus...
Depreciation
A non-cash operating expense that...
Cash-basis Accounting
records revenue when cash is...
Normal Gross Margin
The margin that would have been...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Duplicated Interest
The amount of interest exp...

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