Glossary
SBA Terms

Normal Annual Sales

Those sales that would have been attained had the disaster not occurred. To determine this figure, you must first review historical sales figures and identify the trends.

Updated on
September 9, 2022
Published on
June 20, 2018
Apply Here

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...
Principal
the owner(s) of the Applicant Entity that...
Trend Analysis
A comparative analysis of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Request for Proposal (RFP)
A document outlining a...
Credit Score Test
Part of the home loan CET show a...
Affiliate
Business concerns are affiliates if one concern...
Full and Open Competition
With respect to a contract action...
Partnering
A mutually beneficial business-to-bus...
Contracting
Purchasing, renting, leasing, or...
Liabilities
A financial obligation...
Substantial Damage
This means uninsured or otherwise uncompensated...
Cash-basis Accounting
records revenue when cash is...
Fair and Reasonable Price
A price that is fair to both parties...
Defense Contractor
Any person who enters into...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.
How it Works
contact@sbaloans.orgPrivacyToS
SBA Loan Types
SBA 7a LoansSBA 504 LoansDisaster LoansMicroloans
SBA 7a Loan Types
SBA Express LoansStandard 7a Loans7a Small LoansExport Express Loans
SBA Loan Purposes
Buy a new business->Buy real estate->Refinance debt->Refi real estate->
SBA EDU
SBA FAQsSBA GlossaryAbout 7a LoansAbout 504 Loans
Get Started
SBA Loan App ->
SBA Loan RatesSBA Disaster AssistanceAbout Us
Copyright © 2026 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org