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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.
S-Corporation
A form of corporation, allowed by...
Liabilities
A financial obligation...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Full and Open Competition
With respect to a contract action...
Depreciation
A non-cash operating expense that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Comparative Analysis
Is designed to point out significant trends that...
Subsidiary
A company for which a majority of the...
Injury Period
The time period during...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Acquisition
The acquiring of supplies or...
Joint Venture
In the SBA Mentor-Protégé Program...
Emerging Small Business
A small business concern whose...
Standard Industrial Classification (SIC) Code
A code representing a category within...

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