DBA

Doing Business As - generally a trade name such as “Bob’s Burgers” is used, instead of the legal name of Blocker & Sons LLC.

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.
Emerging Small Business
A small business concern whose...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Phase 2
Process to be used to determine economic injury for...
Full and Open Competition
With respect to a contract action...
Phase 1
Process used to determine the...
Subsidiary
A company for which a majority of the...
Defense Contractor
Any person who enters into...
Collateral
Assets pledged by a borrower to secure a loan...
Affiliated Group
When two or more...
Contracting
Purchasing, renting, leasing, or...
Acquisition
The acquiring of supplies or...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Working Capital (WC)
The amount of current assets that...
Contracting Officer
A person with the authority to...
Capital Leases
are for the purchase of fixed assets such as...

Get the quick rundown on SBA Loans

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