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.
Sole Proprietor
an individual who...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Contract
A mutually binding legal rel..
Physical Loans
Funds to repair/replace dis...
Equity
An accounting term used to...
Credit Elsewhere Test (CET)
The test to determine the...
Liabilities
A financial obligation...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
NAICS
NAICS codes are common...
Lien
A legal claim against an...
Small Disadvantaged Business Concern
A small business concern that...
Operating Leases
are deducted on the company’s...
Partnership
A type of unincorporated business org...
Duplicated Interest
The amount of interest exp...
Normal Gross Margin
The margin that would have been...

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