Glossary
SBA Terms

Normal Gross Margin

The margin 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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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.
Extraordinary Items
Additional expenses that are...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Credit Score Test
Part of the home loan CET show a...
Working Capital (WC)
The amount of current assets that...
Hardship Waiver
Method used to approve a...
Cash-basis Accounting
records revenue when cash is...
Joint Venture
In the SBA Mentor-Protégé Program...
Acquisition
The acquiring of supplies or...
Certified 8(a) Firm
A firm owned and operated by socially and...
Assets
The amount of current assets that is left...
Operating Leases
are deducted on the company’s...
Business Activity
The business (or loss) activity of...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Affiliated Group
When two or more...
Normal Annual Sales
Those sales that would have...

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