Affiliated Group

When two or more distinct legal entities are affiliated.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Certified 8(a) Firm
A firm owned and operated by socially and...
Hardship Waiver
Method used to approve a...
NAICS
NAICS codes are common...
Adjusted Net Worth
Post disaster fair market value of tangible...
Projection
An estimate of future economic or...
Current Liabilities
A balance sheet item, which...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Small Disadvantaged Business Concern
A small business concern that...
Acquisition
The acquiring of supplies or...
GPM%
The measure of every sales dollar left...
Sole Proprietor
an individual who...
Protégé
A firm in a developmental stage that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Business Activity
The business (or loss) activity of...

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