Certified 8(a) Firm

A firm owned and operated by socially and economically disadvantaged individuals and eligible to receive federal contracts under the Small Business Administration’s 8(a) Business Development Program.

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.
Physical Loans
Funds to repair/replace dis...
Sole Proprietor
an individual who...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Partnership
A type of unincorporated business org...
Small Disadvantaged Business Concern
A small business concern that...
Trend Analysis
A comparative analysis of...
Contract
A mutually binding legal rel..
Adjusted Net Worth
Post disaster fair market value of tangible...
Projection
An estimate of future economic or...
Comparative Analysis
Is designed to point out significant trends that...
Days Payable
A measure of the average time a...
Protégé
A firm in a developmental stage that...
Negotiation
Contracting through the use of...
Current Liabilities
A balance sheet item, which...
Limited Partnership
A business organization with one or...

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