Glossary
SBA Terms

Primary Activity

The major business activity of the single legal entity or affiliated group, which is their predominant field of operation. (Commonly known as the Main Activity)

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.
Applicant/Co-Applicant
Business entity and person requesting...
Days Payable
A measure of the average time a...
Request for Proposal (RFP)
A document outlining a...
Sole Proprietor
an individual who...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Negotiation
Contracting through the use of...
SCORE
Counselors to America's Small Bus...
Affiliates
Business concerns, organizations, or...
Trend Analysis
A comparative analysis of...
Depreciation
A non-cash operating expense that...
Income Statement
Shows the entity’s income and...
Corporation (C-corp.)
The most common form of business org...
Projection
An estimate of future economic or...
Subsidiary
A company for which a majority of the...
Normal Annual Sales
Those sales that would have...

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