Small Business

A business smaller than a given size as measured by its employment, business receipts, or business assets.

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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Intermediary Organization
Organizations that play a funda...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Protégé
A firm in a developmental stage that...
Contracting
Purchasing, renting, leasing, or...
Injury Analysis
Measures the effects of...
Principal
the owner(s) of the Applicant Entity that...
SCORE
Counselors to America's Small Bus...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Applicant Entity
The business entity requesting...
Primary Activity
The major business activity of...
Collateral
Assets pledged by a borrower to secure a loan...
Liabilities
A financial obligation...
Credit Score Test
Part of the home loan CET show a...

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