Phase 2

Process to be used to determine economic injury for a business either in operation less than one year or not satisfied with result of Phase I analysis or submitted a Stand Alone EIDL request.

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.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Partnering
A mutually beneficial business-to-bus...
Amortization
A non-cash operating expense that...
SCORE
Counselors to America's Small Bus...
Depreciation
A non-cash operating expense that...
Protégé
A firm in a developmental stage that...
Guarantor
The legal entity and...
Break-even Analysis
A calculation of the approximate sales...
Lien
A legal claim against an...
GPM%
The measure of every sales dollar left...
Limited Partnership
A business organization with one or...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Duplicated Interest
The amount of interest exp...
B/E (Business EIDL) Loan
A business loan that...
Equity
An accounting term used to...

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