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.
Injury Analysis
Measures the effects of...
Income Statement
Shows the entity’s income and...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Certified 8(a) Firm
A firm owned and operated by socially and...
Current Assets
A balance sheet item which equals...
Applicant Entity
The business entity requesting...
Joint Venture
In the SBA Mentor-Protégé Program...
Companion File
When an applicant has another application filed...
Working Capital (WC)
The amount of current assets that...
Normal Gross Margin
The margin that would have been...
B/E (Business EIDL) Loan
A business loan that...
Negotiation
Contracting through the use of...
Depreciation
A non-cash operating expense that...
Equity
An accounting term used to...

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