Glossary
SBA Terms

Small Business Development Centers (SBDC)

SBDCs offer a broad spectrum of business information and guidance as well as assistance in preparing loan applications.

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.
Mentor
A business, usually large, or...
Extraordinary Items
Additional expenses that are...
Equity
An accounting term used to...
Applicant Individual
aka who is requesting an SBA loan...
Lien
A legal claim against an...
Days Receivable
A measure of the average time a...
Injury Period
The time period during...
Business Activity
The business (or loss) activity of...
Defense Contractor
Any person who enters into...
Affiliated Group
When two or more...
Subsidiary
A company for which a majority of the...
Duplicated Interest
The amount of interest exp...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Adjusted Net Worth
Post disaster fair market value of tangible...

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