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.
Days Payable
A measure of the average time a...
Certificate of Competency
A certificate issued by the Small Bus...
GPM%
The measure of every sales dollar left...
Operating Leases
are deducted on the company’s...
Limited Partnership
A business organization with one or...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Subsidiary
A company for which a majority of the...
Principal
the owner(s) of the Applicant Entity that...
Protégé
A firm in a developmental stage that...
Comparative Analysis
Is designed to point out significant trends that...
Sole Proprietor
an individual who...
Trend Analysis
A comparative analysis of...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Normal Annual Sales
Those sales that would have...
Defense Contractor
Any person who enters into...

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