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
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.
Extraordinary Items
Additional expenses that are...
Prime Contract
A contract awarded directly...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Contracting Officer
A person with the authority to...
NAICS
NAICS codes are common...
Negotiation
Contracting through the use of...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
B/E (Business EIDL) Loan
A business loan that...
Assets
The amount of current assets that is left...
Corporation (C-corp.)
The most common form of business org...
Protégé
A firm in a developmental stage that...
Principal
the owner(s) of the Applicant Entity that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Electronic Data Interchange
Transmission of information bet...

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