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.
Lien
A legal claim against an...
Substantial Damage
This means uninsured or otherwise uncompensated...
Request for Proposal (RFP)
A document outlining a...
Equity
An accounting term used to...
Primary Activity
The major business activity of...
Partnering
A mutually beneficial business-to-bus...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Amortization
A non-cash operating expense that...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
SCORE
Counselors to America's Small Bus...
Subcontract
A contract between a prime cont...
Hardship Waiver
Method used to approve a...
Phase 1
Process used to determine the...
Current Liabilities
A balance sheet item, which...
Normal Annual Sales
Those sales that would have...

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