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.
Best and Final Offer
For negotiated procurements...
Liabilities
A financial obligation...
Primary Activity
The major business activity of...
B/E (Business EIDL) Loan
A business loan that...
Trend Analysis
A comparative analysis of...
Cash Flow Test
Part of the CET that determines if...
Current Liabilities
A balance sheet item, which...
Principal
the owner(s) of the Applicant Entity that...
Normal Annual Sales
Those sales that would have...
Certificate of Competency
A certificate issued by the Small Bus...
Operating Leases
are deducted on the company’s...
Emerging Small Business
A small business concern whose...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Intermediary Organization
Organizations that play a funda...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...

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