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.
Hardship Waiver
Method used to approve a...
Capital Leases
are for the purchase of fixed assets such as...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Full and Open Competition
With respect to a contract action...
Normal Annual Sales
Those sales that would have...
Contracting Officer
A person with the authority to...
Corporation (C-corp.)
The most common form of business org...
Normal Gross Margin
The margin that would have been...
Subsidiary
A company for which a majority of the...
Phase 1
Process used to determine the...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Guarantor
The legal entity and...
Assets
The amount of current assets that is left...
Partnering
A mutually beneficial business-to-bus...

Get the quick rundown on SBA Loans

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