SCORE

Counselors to America's Small Business is a 12,400-member volunteer association sponsored by the SBA. SCORE matches volunteer business-management counselors with present prospective small business owners in need of expert advice.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Depreciation
A non-cash operating expense that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Operating Leases
are deducted on the company’s...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Principal
the owner(s) of the Applicant Entity that...
Business Activity
The business (or loss) activity of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Income Statement
Shows the entity’s income and...
Joint Venture
In the SBA Mentor-Protégé Program...
Adjusted Net Worth
Post disaster fair market value of tangible...
Credit Score Test
Part of the home loan CET show a...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
GPM%
The measure of every sales dollar left...
Corporation (C-corp.)
The most common form of business org...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers

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