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
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.
B/E (Business EIDL) Loan
A business loan that...
ex. Blocker & Sons LLC, doing business as Bob's Burgers
The legal entity and...
A firm in a developmental stage that...
Purchasing, renting, leasing, or...
A mutually binding legal rel..
Duplicated Interest
The amount of interest exp...
Best and Final Offer
For negotiated procurements...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Operating Leases
are deducted on the company’s...
Counselors to America's Small Bus...
Applicant Entity
The business entity requesting...
Business entity and person requesting...
A company for which a majority of the...
Hardship Waiver
Method used to approve a...

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