Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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Glossary
SBA Terms
Source: SBA.gov
Prime Contract
A contract awarded directly by the Federal government.
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.
Certified 8(a) Firm
A firm owned and operated by socially and...
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Subcontract
A contract between a prime cont...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Cash-basis Accounting
records revenue when cash is...
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Days Payable
A measure of the average time a...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Normal Gross Margin
The margin that would have been...
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Break-even Analysis
A calculation of the approximate sales...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Normal Annual Sales
Those sales that would have...
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Intermediary Organization
Organizations that play a funda...
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Contractor Team Arrangement
An arrangement in which...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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Defense Contractor
Any person who enters into...
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