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.
Explore 504 loans

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.
Current Liabilities
A balance sheet item, which...
Electronic Data Interchange
Transmission of information bet...
Fair and Reasonable Price
A price that is fair to both parties...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Intermediary Organization
Organizations that play a funda...
Injury Analysis
Measures the effects of...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Subcontract
A contract between a prime cont...
Limited Partnership
A business organization with one or...
Mentor
A business, usually large, or...
Certified 8(a) Firm
A firm owned and operated by socially and...
Contracting Officer
A person with the authority to...
Duplicated Interest
The amount of interest exp...
Partnership
A type of unincorporated business org...
GPM%
The measure of every sales dollar left...

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