Glossary
SBA Terms

Mentor

A business, usually large, or other organization that has created a specialized program to advance strategic relationships with small businesses.

Updated on
September 9, 2022
Published on
June 20, 2018
Apply Here

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.
Applicant/Co-Applicant
Business entity and person requesting...
Phase 1
Process used to determine the...
Applicant Entity
The business entity requesting...
Trend Analysis
A comparative analysis of...
Companion File
When an applicant has another application filed...
NAICS
NAICS codes are common...
Substantial Damage
This means uninsured or otherwise uncompensated...
Partnering
A mutually beneficial business-to-bus...
Contracting Officer
A person with the authority to...
Full and Open Competition
With respect to a contract action...
Intermediary Organization
Organizations that play a funda...
Adjusted Net Worth
Post disaster fair market value of tangible...
Contractor Team Arrangement
An arrangement in which...
Corporation (C-corp.)
The most common form of business org...
Standard Industrial Classification (SIC) Code
A code representing a category within...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.
How it Works
contact@sbaloans.orgPrivacyToS
SBA Loan Types
SBA 7a LoansSBA 504 LoansDisaster LoansMicroloans
SBA 7a Loan Types
SBA Express LoansStandard 7a Loans7a Small LoansExport Express Loans
SBA Loan Purposes
Buy a new business->Buy real estate->Refinance debt->Refi real estate->
SBA EDU
SBA FAQsSBA GlossaryAbout 7a LoansAbout 504 Loans
Get Started
SBA Loan App ->
SBA Loan RatesSBA Disaster AssistanceAbout Us
Copyright © 2025 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org