Affiliates

Business concerns, organizations, or individuals that control each other or that are controlled by a third party. Control may include shared management or ownership; common use of facilities, equipment, and employees; or family interest.

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.
Business Activity
The business (or loss) activity of...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Applicant Entity
The business entity requesting...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Assets
The amount of current assets that is left...
Limited Partnership
A business organization with one or...
Partnership
A type of unincorporated business org...
S-Corporation
A form of corporation, allowed by...
Certified 8(a) Firm
A firm owned and operated by socially and...
Injury Analysis
Measures the effects of...
Corporation (C-corp.)
The most common form of business org...
Mentor
A business, usually large, or...
Credit Elsewhere Test (CET)
The test to determine the...
Prime Contract
A contract awarded directly...

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