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
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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.
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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.
Protégé
A firm in a developmental stage that...
Normal Gross Margin
The margin that would have been...
Subcontract
A contract between a prime cont...
Small Business
A business smaller than...
Collateral
Assets pledged by a borrower to secure a loan...
Subsidiary
A company for which a majority of the...
Partnership
A type of unincorporated business org...
Principal
the owner(s) of the Applicant Entity that...
Emerging Small Business
A small business concern whose...
Fair and Reasonable Price
A price that is fair to both parties...
Adjusted Net Worth
Post disaster fair market value of tangible...
Projection
An estimate of future economic or...
Break-even Analysis
A calculation of the approximate sales...
Intermediary Organization
Organizations that play a funda...
Electronic Data Interchange
Transmission of information bet...

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