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.
Explore 7a loans

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.
Applicant Individual
aka who is requesting an SBA loan...
Credit Score Test
Part of the home loan CET show a...
Physical Loans
Funds to repair/replace dis...
GPM%
The measure of every sales dollar left...
Defense Contractor
Any person who enters into...
Phase 2
Process to be used to determine economic injury for...
Lien
A legal claim against an...
Current Assets
A balance sheet item which equals...
Duplicated Interest
The amount of interest exp...
Comparative Analysis
Is designed to point out significant trends that...
Primary Activity
The major business activity of...
Business Activity
The business (or loss) activity of...
Depreciation
A non-cash operating expense that...
Contractor Team Arrangement
An arrangement in which...
Subcontract
A contract between a prime cont...

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