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.
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.
Equity
An accounting term used to...
Affiliated Group
When two or more...
Certified 8(a) Firm
A firm owned and operated by socially and...
Intermediary Organization
Organizations that play a funda...
Days Receivable
A measure of the average time a...
Certificate of Competency
A certificate issued by the Small Bus...
Physical Loans
Funds to repair/replace dis...
NAICS
NAICS codes are common...
Protégé
A firm in a developmental stage that...
Phase 1
Process used to determine the...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Contracting
Purchasing, renting, leasing, or...
Substantial Damage
This means uninsured or otherwise uncompensated...
Adjusted Net Worth
Post disaster fair market value of tangible...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...

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