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.
Current Assets
A balance sheet item which equals...
Trend Analysis
A comparative analysis of...
Certified 8(a) Firm
A firm owned and operated by socially and...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Extraordinary Items
Additional expenses that are...
Prime Contract
A contract awarded directly...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Days Payable
A measure of the average time a...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Primary Activity
The major business activity of...
Applicant Individual
aka who is requesting an SBA loan...
NAICS
NAICS codes are common...
Subsidiary
A company for which a majority of the...
Phase 2
Process to be used to determine economic injury for...
Applicant/Co-Applicant
Business entity and person requesting...

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