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
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.
Small Disadvantaged Business Concern
A small business concern that...
Applicant/Co-Applicant
Business entity and person requesting...
Substantial Damage
This means uninsured or otherwise uncompensated...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Phase 2
Process to be used to determine economic injury for...
Break-even Analysis
A calculation of the approximate sales...
Certificate of Competency
A certificate issued by the Small Bus...
Intermediary Organization
Organizations that play a funda...
Phase 1
Process used to determine the...
Comparative Analysis
Is designed to point out significant trends that...
Affiliated Group
When two or more...
Duplicated Interest
The amount of interest exp...
Protégé
A firm in a developmental stage that...
Business Activity
The business (or loss) activity of...
Days Payable
A measure of the average time a...

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