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.
Injury Period
The time period during...
Trend Analysis
A comparative analysis of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Small Business
A business smaller than...
Income Statement
Shows the entity’s income and...
NAICS
NAICS codes are common...
Primary Activity
The major business activity of...
Subsidiary
A company for which a majority of the...
B/E (Business EIDL) Loan
A business loan that...
Collateral
Assets pledged by a borrower to secure a loan...
Affiliated Group
When two or more...
Electronic Data Interchange
Transmission of information bet...
Corporation (C-corp.)
The most common form of business org...
Companion File
When an applicant has another application filed...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...

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