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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Affiliated Group
When two or more...
Normal Gross Margin
The margin that would have been...
GPM%
The measure of every sales dollar left...
Electronic Data Interchange
Transmission of information bet...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Injury Analysis
Measures the effects of...
Partnering
A mutually beneficial business-to-bus...
SCORE
Counselors to America's Small Bus...
Intermediary Organization
Organizations that play a funda...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Phase 1
Process used to determine the...
Affiliate
Business concerns are affiliates if one concern...
Amortization
A non-cash operating expense that...
Normal Annual Sales
Those sales that would have...

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