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 Acquisition Regulatory Council (DARC)
A group composed of rep...
Days Payable
A measure of the average time a...
Extraordinary Items
Additional expenses that are...
Phase 2
Process to be used to determine economic injury for...
Income Statement
Shows the entity’s income and...
Credit Score Test
Part of the home loan CET show a...
Protégé
A firm in a developmental stage that...
Partnership
A type of unincorporated business org...
Limited Partnership
A business organization with one or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Credit Elsewhere Test (CET)
The test to determine the...
Normal Annual Sales
Those sales that would have...
Small Disadvantaged Business Concern
A small business concern that...
Business Activity
The business (or loss) activity of...
Injury Analysis
Measures the effects of...

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