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.
Contractor Team Arrangement
An arrangement in which...
Guarantor
The legal entity and...
Mentor
A business, usually large, or...
Physical Loans
Funds to repair/replace dis...
GPM%
The measure of every sales dollar left...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Adjusted Net Worth
Post disaster fair market value of tangible...
Limited Partnership
A business organization with one or...
Days Receivable
A measure of the average time a...
Contracting Officer
A person with the authority to...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Protégé
A firm in a developmental stage that...
Normal Annual Sales
Those sales that would have...
Phase 2
Process to be used to determine economic injury for...

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