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
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.
Affiliate
Business concerns are affiliates if one concern...
Hardship Waiver
Method used to approve a...
Subsidiary
A company for which a majority of the...
Business Activity
The business (or loss) activity of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Comparative Analysis
Is designed to point out significant trends that...
GPM%
The measure of every sales dollar left...
Amortization
A non-cash operating expense that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Liabilities
A financial obligation...
Primary Activity
The major business activity of...
Affiliated Group
When two or more...
Limited Partnership
A business organization with one or...
Applicant Entity
The business entity requesting...

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