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.
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Joint Venture
In the SBA Mentor-Protégé Program...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
SCORE
Counselors to America's Small Bus...
Primary Activity
The major business activity of...
Current Liabilities
A balance sheet item, which...
Emerging Small Business
A small business concern whose...
Injury Analysis
Measures the effects of...
Duplicated Interest
The amount of interest exp...
NAICS
NAICS codes are common...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Subcontract
A contract between a prime cont...
Cash-basis Accounting
records revenue when cash is...
Sole Proprietor
an individual who...

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