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.
Contracting
Purchasing, renting, leasing, or...
Physical Loans
Funds to repair/replace dis...
Affiliate
Business concerns are affiliates if one concern...
Companion File
When an applicant has another application filed...
Sole Proprietor
an individual who...
Subcontract
A contract between a prime cont...
Applicant Individual
aka who is requesting an SBA loan...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
GPM%
The measure of every sales dollar left...
Adjusted Net Worth
Post disaster fair market value of tangible...
Certified 8(a) Firm
A firm owned and operated by socially and...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Duplicated Interest
The amount of interest exp...
Credit Elsewhere Test (CET)
The test to determine the...

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