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.
Phase 2
Process to be used to determine economic injury for...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
SCORE
Counselors to America's Small Bus...
Request for Proposal (RFP)
A document outlining a...
Affiliated Group
When two or more...
Certified 8(a) Firm
A firm owned and operated by socially and...
Duplicated Interest
The amount of interest exp...
Current Assets
A balance sheet item which equals...
Days Payable
A measure of the average time a...
Principal
the owner(s) of the Applicant Entity that...
Phase 1
Process used to determine the...
Small Business
A business smaller than...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Normal Gross Margin
The margin that would have been...
Injury Analysis
Measures the effects of...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.