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
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The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
S-Corporation
A form of corporation, allowed by...
Small Disadvantaged Business Concern
A small business concern that...
Normal Annual Sales
Those sales that would have...
Intermediary Organization
Organizations that play a funda...
SCORE
Counselors to America's Small Bus...
Emerging Small Business
A small business concern whose...
Days Receivable
A measure of the average time a...
Injury Analysis
Measures the effects of...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Partnership
A type of unincorporated business org...
Companion File
When an applicant has another application filed...
Extraordinary Items
Additional expenses that are...
Full and Open Competition
With respect to a contract action...

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