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.
Contract
A mutually binding legal rel..
Affiliate
Business concerns are affiliates if one concern...
Normal Annual Sales
Those sales that would have...
Adjusted Net Worth
Post disaster fair market value of tangible...
Small Business
A business smaller than...
Affiliates
Business concerns, organizations, or...
Substantial Damage
This means uninsured or otherwise uncompensated...
Projection
An estimate of future economic or...
Request for Proposal (RFP)
A document outlining a...
Injury Period
The time period during...
Liabilities
A financial obligation...
Equity
An accounting term used to...
Mentor
A business, usually large, or...
Applicant Entity
The business entity requesting...
Joint Venture
In the SBA Mentor-Protégé Program...

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