Defense Acquisition Regulatory Council (DARC)

A group composed of representatives from each Military department, the Defense Logistics Agency, and the National Aeronautics and Space Administration and that is in charge of the Federal Acquisition Regulation (FAR) on a joint basis with the Civilian Agency Acquisition Council (CAAC).

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.
Break-even Analysis
A calculation of the approximate sales...
Contracting Officer
A person with the authority to...
Days Payable
A measure of the average time a...
Assets
The amount of current assets that is left...
Working Capital (WC)
The amount of current assets that...
Injury Analysis
Measures the effects of...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Certificate of Competency
A certificate issued by the Small Bus...
Applicant Entity
The business entity requesting...
Applicant/Co-Applicant
Business entity and person requesting...
B/E (Business EIDL) Loan
A business loan that...
Protégé
A firm in a developmental stage that...
Physical Loans
Funds to repair/replace dis...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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