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
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.
Comparative Analysis
Is designed to point out significant trends that...
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Primary Activity
The major business activity of...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Partnership
A type of unincorporated business org...
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Injury Period
The time period during...
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Current Assets
A balance sheet item which equals...
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Days Receivable
A measure of the average time a...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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NAICS
NAICS codes are common...
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Substantial Damage
This means uninsured or otherwise uncompensated...
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Equity
An accounting term used to...
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Electronic Data Interchange
Transmission of information bet...
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Sole Proprietor
an individual who...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Injury Analysis
Measures the effects of...
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