Glossary
SBA Terms

Physical Loans

Funds to repair/replace disaster damaged or destroyed business assets such as real estate, inventory, machinery and equipment, etc.

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.
Companion File
When an applicant has another application filed...
Substantial Damage
This means uninsured or otherwise uncompensated...
Affiliates
Business concerns, organizations, or...
Limited Partnership
A business organization with one or...
Contractor Team Arrangement
An arrangement in which...
Mentor
A business, usually large, or...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Subsidiary
A company for which a majority of the...
Partnership
A type of unincorporated business org...
Sole Proprietor
an individual who...
Corporation (C-corp.)
The most common form of business org...
Defense Contractor
Any person who enters into...
Certified 8(a) Firm
A firm owned and operated by socially and...
Duplicated Interest
The amount of interest exp...
Lien
A legal claim against an...

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