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.
Primary Activity
The major business activity of...
Acquisition
The acquiring of supplies or...
Joint Venture
In the SBA Mentor-Protégé Program...
Phase 1
Process used to determine the...
Protégé
A firm in a developmental stage that...
Normal Annual Sales
Those sales that would have...
Subsidiary
A company for which a majority of the...
Working Capital (WC)
The amount of current assets that...
Lien
A legal claim against an...
Capital Leases
are for the purchase of fixed assets such as...
Affiliated Group
When two or more...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Assets
The amount of current assets that is left...
Contractor Team Arrangement
An arrangement in which...
Certified 8(a) Firm
A firm owned and operated by socially and...

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