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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Corporation (C-corp.)
The most common form of business org...
Break-even Analysis
A calculation of the approximate sales...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Contracting Officer
A person with the authority to...
Injury Analysis
Measures the effects of...
SCORE
Counselors to America's Small Bus...
GPM%
The measure of every sales dollar left...
Income Statement
Shows the entity’s income and...
Current Liabilities
A balance sheet item, which...
Projection
An estimate of future economic or...
Normal Annual Sales
Those sales that would have...
Subcontract
A contract between a prime cont...
Hardship Waiver
Method used to approve a...
Working Capital (WC)
The amount of current assets that...

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