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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Glossary
SBA Terms
Source: SBA.gov
Injury Analysis
Measures the effects of the disaster on the overall financial condition of the business.
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.
Companion File
When an applicant has another application filed...
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Phase 1
Process used to determine the...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Duplicated Interest
The amount of interest exp...
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Acquisition
The acquiring of supplies or...
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Current Assets
A balance sheet item which equals...
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Assets
The amount of current assets that is left...
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Partnering
A mutually beneficial business-to-bus...
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Affiliate
Business concerns are affiliates if one concern...
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Break-even Analysis
A calculation of the approximate sales...
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Guarantor
The legal entity and...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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GPM%
The measure of every sales dollar left...
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