Glossary
SBA Terms

Subcontract

A contract between a prime contractor and a subcontractor to furnish supplies or services for the performance of a prime contract or subcontract.

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.
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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.
Current Liabilities
A balance sheet item, which...
Contracting
Purchasing, renting, leasing, or...
NAICS
NAICS codes are common...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Intermediary Organization
Organizations that play a funda...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Guarantor
The legal entity and...
Normal Gross Margin
The margin that would have been...
Capital Leases
are for the purchase of fixed assets such as...
Prime Contract
A contract awarded directly...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
B/E (Business EIDL) Loan
A business loan that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Mentor
A business, usually large, or...
Duplicated Interest
The amount of interest exp...

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