Glossary
SBA Terms

Projection

An estimate of future economic or financial performance. Generally presented in the form of a Profit and Loss StatementP&L.

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.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Defense Contractor
Any person who enters into...
Contractor Team Arrangement
An arrangement in which...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Subsidiary
A company for which a majority of the...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Trend Analysis
A comparative analysis of...
Current Liabilities
A balance sheet item, which...
Adjusted Net Worth
Post disaster fair market value of tangible...
Phase 2
Process to be used to determine economic injury for...
Projection
An estimate of future economic or...
Normal Annual Sales
Those sales that would have...
Mentor
A business, usually large, or...
Small Business
A business smaller than...
Negotiation
Contracting through the use of...
Business Activity
The business (or loss) activity of...

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