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.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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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.
Amortization
A non-cash operating expense that...
NAICS
NAICS codes are common...
Comparative Analysis
Is designed to point out significant trends that...
Income Statement
Shows the entity’s income and...
Applicant Individual
aka who is requesting an SBA loan...
Lien
A legal claim against an...
Affiliates
Business concerns, organizations, or...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Business Activity
The business (or loss) activity of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Acquisition
The acquiring of supplies or...
Limited Partnership
A business organization with one or...
Protégé
A firm in a developmental stage that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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