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.
Intermediary Organization
Organizations that play a funda...
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Operating Leases
are deducted on the company’s...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Cash-basis Accounting
records revenue when cash is...
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Contractor Team Arrangement
An arrangement in which...
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Phase 1
Process used to determine the...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Cash Flow Test
Part of the CET that determines if...
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Prime Contract
A contract awarded directly...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Limited Partnership
A business organization with one or...
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Subcontract
A contract between a prime cont...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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