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.
Credit Score Test
Part of the home loan CET show a...
Affiliated Group
When two or more...
Physical Loans
Funds to repair/replace dis...
Substantial Damage
This means uninsured or otherwise uncompensated...
Liabilities
A financial obligation...
Guarantor
The legal entity and...
Joint Venture
In the SBA Mentor-Protégé Program...
Phase 1
Process used to determine the...
Current Assets
A balance sheet item which equals...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Income Statement
Shows the entity’s income and...
Depreciation
A non-cash operating expense that...
Subcontract
A contract between a prime cont...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers

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