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.
NAICS
NAICS codes are common...
Applicant Entity
The business entity requesting...
Lien
A legal claim against an...
Partnership
A type of unincorporated business org...
Liabilities
A financial obligation...
Current Liabilities
A balance sheet item, which...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Primary Activity
The major business activity of...
Days Payable
A measure of the average time a...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Adjusted Net Worth
Post disaster fair market value of tangible...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Acquisition
The acquiring of supplies or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Joint Venture
In the SBA Mentor-Protégé Program...

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