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.
Explore microloans
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Protégé
A firm in a developmental stage that...
Amortization
A non-cash operating expense that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Contractor Team Arrangement
An arrangement in which...
Credit Score Test
Part of the home loan CET show a...
Electronic Data Interchange
Transmission of information bet...
Depreciation
A non-cash operating expense that...
Operating Leases
are deducted on the company’s...
Injury Analysis
Measures the effects of...
Contract
A mutually binding legal rel..
Affiliates
Business concerns, organizations, or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Principal
the owner(s) of the Applicant Entity that...
Comparative Analysis
Is designed to point out significant trends that...
Days Receivable
A measure of the average time a...

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