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.
Protégé
A firm in a developmental stage that...
Intermediary Organization
Organizations that play a funda...
Operating Leases
are deducted on the company’s...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Current Liabilities
A balance sheet item, which...
B/E (Business EIDL) Loan
A business loan that...
Injury Period
The time period during...
Contracting
Purchasing, renting, leasing, or...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Contract
A mutually binding legal rel..
Contracting Officer
A person with the authority to...
Contractor Team Arrangement
An arrangement in which...
Liabilities
A financial obligation...
Applicant Individual
aka who is requesting an SBA loan...

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