Glossary
SBA Terms

S-Corporation

A form of corporation, allowed by the IRS for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership.

Updated on
September 9, 2022
Published on
June 20, 2018
Apply Here

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.
Subsidiary
A company for which a majority of the...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Partnering
A mutually beneficial business-to-bus...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Primary Activity
The major business activity of...
Injury Analysis
Measures the effects of...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Joint Venture
In the SBA Mentor-Protégé Program...
Contracting
Purchasing, renting, leasing, or...
Projection
An estimate of future economic or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Credit Score Test
Part of the home loan CET show a...
Extraordinary Items
Additional expenses that are...
Physical Loans
Funds to repair/replace dis...
Certificate of Competency
A certificate issued by the Small Bus...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.
How it Works
contact@sbaloans.orgPrivacyToS
SBA Loan Types
SBA 7a LoansSBA 504 LoansDisaster LoansMicroloans
SBA 7a Loan Types
SBA Express LoansStandard 7a Loans7a Small LoansExport Express Loans
SBA Loan Purposes
Buy a new business->Buy real estate->Refinance debt->Refi real estate->
SBA EDU
SBA FAQsSBA GlossaryAbout 7a LoansAbout 504 Loans
Get Started
SBA Loan App ->
SBA Loan RatesSBA Disaster AssistanceAbout Us
Copyright © 2026 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org