Source: SBA.gov

Small Business Innovative Research (SBIR) Contract

A type of contract designed to foster technological innovation by small businesses with 500 or fewer employees. The SBIR contract program provides for a three-phased approach to research and development projects: technological feasibility and concept development; the primary research effort; and the conversion of the technology to a commercial application.

Updated on

September 9, 2022

Published on

June 20, 2018

SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.

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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.

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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.

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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.

Principal

the owner(s) of the Applicant Entity that...

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Equity

An accounting term used to...

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SCORE

Counselors to America's Small Bus...

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Available Asset Test

Part of the CET that determines if an applicant(s) has...

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Collateral

Assets pledged by a borrower to secure a loan...

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Fair and Reasonable Price

A price that is fair to both parties...

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Full and Open Competition

With respect to a contract action...

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Primary Activity

The major business activity of...

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Guarantor

The legal entity and...

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Certified 8(a) Firm

A firm owned and operated by socially and...

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B/E (Business EIDL) Loan

A business loan that...

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Acquisition

The acquiring of supplies or...

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Working Capital (WC)

The amount of current assets that...

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Break-even Analysis

A calculation of the approximate sales...

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Normal Annual Sales

Those sales that would have...

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