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.
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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.
Request for Proposal (RFP)
A document outlining a...
Small Disadvantaged Business Concern
A small business concern that...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Days Payable
A measure of the average time a...
GPM%
The measure of every sales dollar left...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Comparative Analysis
Is designed to point out significant trends that...
Contractor Team Arrangement
An arrangement in which...
Income Statement
Shows the entity’s income and...
Injury Period
The time period during...
Projection
An estimate of future economic or...
Defense Contractor
Any person who enters into...
Emerging Small Business
A small business concern whose...
Injury Analysis
Measures the effects of...
Affiliate
Business concerns are affiliates if one concern...

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