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...
Defense Contractor
Any person who enters into...
Contractor Team Arrangement
An arrangement in which...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Assets
The amount of current assets that is left...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Subsidiary
A company for which a majority of the...
Applicant/Co-Applicant
Business entity and person requesting...
Affiliate
Business concerns are affiliates if one concern...
Duplicated Interest
The amount of interest exp...
Emerging Small Business
A small business concern whose...
Negotiation
Contracting through the use of...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Substantial Damage
This means uninsured or otherwise uncompensated...
Applicant Individual
aka who is requesting an SBA loan...

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