Glossary
SBA Terms

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
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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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Fair and Reasonable Price
A price that is fair to both parties...
Credit Score Test
Part of the home loan CET show a...
Acquisition
The acquiring of supplies or...
Joint Venture
In the SBA Mentor-Protégé Program...
Primary Activity
The major business activity of...
Current Assets
A balance sheet item which equals...
Days Receivable
A measure of the average time a...
Subsidiary
A company for which a majority of the...
Principal
the owner(s) of the Applicant Entity that...
Applicant Entity
The business entity requesting...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
SCORE
Counselors to America's Small Bus...
Comparative Analysis
Is designed to point out significant trends that...
Adjusted Net Worth
Post disaster fair market value of tangible...

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