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.
Income Statement
Shows the entity’s income and...
Joint Venture
In the SBA Mentor-Protégé Program...
Applicant Entity
The business entity requesting...
Affiliate
Business concerns are affiliates if one concern...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Projection
An estimate of future economic or...
Emerging Small Business
A small business concern whose...
Defense Contractor
Any person who enters into...
Electronic Data Interchange
Transmission of information bet...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Substantial Damage
This means uninsured or otherwise uncompensated...
Limited Partnership
A business organization with one or...
GPM%
The measure of every sales dollar left...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...

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