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.
Certified 8(a) Firm
A firm owned and operated by socially and...
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Operating Leases
are deducted on the company’s...
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Liabilities
A financial obligation...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Request for Proposal (RFP)
A document outlining a...
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Collateral
Assets pledged by a borrower to secure a loan...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Income Statement
Shows the entity’s income and...
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Subsidiary
A company for which a majority of the...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Duplicated Interest
The amount of interest exp...
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Current Assets
A balance sheet item which equals...
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Injury Analysis
Measures the effects of...
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Applicant Individual
aka who is requesting an SBA loan...
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