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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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.
Partnership
A type of unincorporated business org...
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Physical Loans
Funds to repair/replace dis...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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S-Corporation
A form of corporation, allowed by...
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Companion File
When an applicant has another application filed...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Normal Gross Margin
The margin that would have been...
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Contractor Team Arrangement
An arrangement in which...
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Hardship Waiver
Method used to approve a...
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Applicant/Co-Applicant
Business entity and person requesting...
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Operating Leases
are deducted on the company’s...
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Injury Analysis
Measures the effects of...
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Current Assets
A balance sheet item which equals...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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