Glossary
SBA Terms

Protégé

A firm in a developmental stage that aspires to increasing its capabilities through a mutually beneficial business-to-business relationship.

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.
Days Receivable
A measure of the average time a...
Amortization
A non-cash operating expense that...
Guarantor
The legal entity and...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Certified 8(a) Firm
A firm owned and operated by socially and...
GPM%
The measure of every sales dollar left...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Mentor
A business, usually large, or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Business Activity
The business (or loss) activity of...
Contract
A mutually binding legal rel..
Full and Open Competition
With respect to a contract action...
NAICS
NAICS codes are common...
Liabilities
A financial obligation...
Contractor Team Arrangement
An arrangement in which...

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