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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Latest SBA Loan Rates ->
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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
NAICS
North American Industrial Classification System
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.
Current Liabilities
A balance sheet item, which...
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Mentor
A business, usually large, or...
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Days Receivable
A measure of the average time a...
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Small Disadvantaged Business Concern
A small business concern that...
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SCORE
Counselors to America's Small Bus...
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Defense Contractor
Any person who enters into...
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Injury Analysis
Measures the effects of...
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Applicant Entity
The business entity requesting...
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Normal Annual Sales
Those sales that would have...
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Income Statement
Shows the entity’s income and...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Best and Final Offer
For negotiated procurements...
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Cash-basis Accounting
records revenue when cash is...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Credit Score Test
Part of the home loan CET show a...
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