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.
Contractor Team Arrangement
An arrangement in which...
Physical Loans
Funds to repair/replace dis...
Injury Analysis
Measures the effects of...
NAICS
NAICS codes are common...
Certificate of Competency
A certificate issued by the Small Bus...
Fair and Reasonable Price
A price that is fair to both parties...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Emerging Small Business
A small business concern whose...
Lien
A legal claim against an...
Mentor
A business, usually large, or...
Limited Partnership
A business organization with one or...
Subcontract
A contract between a prime cont...
Guarantor
The legal entity and...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
GPM%
The measure of every sales dollar left...

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