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.
Mentor
A business, usually large, or...
Phase 1
Process used to determine the...
Small Disadvantaged Business Concern
A small business concern that...
Injury Analysis
Measures the effects of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Trend Analysis
A comparative analysis of...
Normal Gross Margin
The margin that would have been...
Partnership
A type of unincorporated business org...
Cash Flow Test
Part of the CET that determines if...
Defense Contractor
Any person who enters into...
Subsidiary
A company for which a majority of the...
B/E (Business EIDL) Loan
A business loan that...
Current Liabilities
A balance sheet item, which...
Days Receivable
A measure of the average time a...
Applicant Entity
The business entity requesting...

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