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.
B/E (Business EIDL) Loan
A business loan that...
Principal
the owner(s) of the Applicant Entity that...
Contractor Team Arrangement
An arrangement in which...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Current Assets
A balance sheet item which equals...
Partnering
A mutually beneficial business-to-bus...
Guarantor
The legal entity and...
Substantial Damage
This means uninsured or otherwise uncompensated...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Phase 1
Process used to determine the...
Intermediary Organization
Organizations that play a funda...
Business Activity
The business (or loss) activity of...
Emerging Small Business
A small business concern whose...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Subcontract
A contract between a prime cont...

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