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.
Small Business
A business smaller than...
Subcontract
A contract between a prime cont...
Physical Loans
Funds to repair/replace dis...
Principal
the owner(s) of the Applicant Entity that...
GPM%
The measure of every sales dollar left...
Duplicated Interest
The amount of interest exp...
Trend Analysis
A comparative analysis of...
Corporation (C-corp.)
The most common form of business org...
Applicant/Co-Applicant
Business entity and person requesting...
Acquisition
The acquiring of supplies or...
Full and Open Competition
With respect to a contract action...
Fair and Reasonable Price
A price that is fair to both parties...
Days Payable
A measure of the average time a...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Cash-basis Accounting
records revenue when cash is...

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