Glossary
SBA Terms

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
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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.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Comparative Analysis
Is designed to point out significant trends that...
Subsidiary
A company for which a majority of the...
Partnering
A mutually beneficial business-to-bus...
Days Payable
A measure of the average time a...
Acquisition
The acquiring of supplies or...
Contracting
Purchasing, renting, leasing, or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Mentor
A business, usually large, or...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Cash Flow Test
Part of the CET that determines if...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Current Liabilities
A balance sheet item, which...
Phase 1
Process used to determine the...
Capital Leases
are for the purchase of fixed assets such as...
Lien
A legal claim against an...

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