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?
Explore the FAQs page ->
Latest SBA Loan Rates ->
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How to Get an SBA Loan
Apply Online ->
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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.
Phase 2
Process to be used to determine economic injury for...
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Guarantor
The legal entity and...
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B/E (Business EIDL) Loan
A business loan that...
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Working Capital (WC)
The amount of current assets that...
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Cash-basis Accounting
records revenue when cash is...
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Projection
An estimate of future economic or...
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Acquisition
The acquiring of supplies or...
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Affiliates
Business concerns, organizations, or...
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Small Disadvantaged Business Concern
A small business concern that...
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Phase 1
Process used to determine the...
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Defense Contractor
Any person who enters into...
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S-Corporation
A form of corporation, allowed by...
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Applicant/Co-Applicant
Business entity and person requesting...
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Prime Contract
A contract awarded directly...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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