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.
Corporation (C-corp.)
The most common form of business org...
Liabilities
A financial obligation...
Normal Gross Margin
The margin that would have been...
Current Liabilities
A balance sheet item, which...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Certified 8(a) Firm
A firm owned and operated by socially and...
Phase 2
Process to be used to determine economic injury for...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Subsidiary
A company for which a majority of the...
Physical Loans
Funds to repair/replace dis...
Projection
An estimate of future economic or...
Lien
A legal claim against an...
Primary Activity
The major business activity of...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Full and Open Competition
With respect to a contract action...

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