Glossary
SBA Terms

Request for Proposal (RFP)

A document outlining a government agency’s requirements and the criteria for the evaluation of offers.

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.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Contracting
Purchasing, renting, leasing, or...
Injury Period
The time period during...
Phase 2
Process to be used to determine economic injury for...
Income Statement
Shows the entity’s income and...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Business
A business smaller than...
Normal Annual Sales
Those sales that would have...
Business Activity
The business (or loss) activity of...
Affiliated Group
When two or more...
Operating Leases
are deducted on the company’s...
Applicant Individual
aka who is requesting an SBA loan...
Affiliates
Business concerns, organizations, or...
Affiliate
Business concerns are affiliates if one concern...

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