NAICS

North American Industrial Classification System

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Business Activity
The business (or loss) activity of...
Primary Activity
The major business activity of...
Best and Final Offer
For negotiated procurements...
Applicant Entity
The business entity requesting...
B/E (Business EIDL) Loan
A business loan that...
Phase 1
Process used to determine the...
Subsidiary
A company for which a majority of the...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Acquisition
The acquiring of supplies or...
S-Corporation
A form of corporation, allowed by...
Injury Period
The time period during...
Protégé
A firm in a developmental stage that...
Extraordinary Items
Additional expenses that are...
Physical Loans
Funds to repair/replace dis...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.