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.
Prime Contract
A contract awarded directly...
Emerging Small Business
A small business concern whose...
Applicant Entity
The business entity requesting...
Affiliates
Business concerns, organizations, or...
Cash-basis Accounting
records revenue when cash is...
Subsidiary
A company for which a majority of the...
SCORE
Counselors to America's Small Bus...
Primary Activity
The major business activity of...
Cash Flow Test
Part of the CET that determines if...
Full and Open Competition
With respect to a contract action...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Affiliate
Business concerns are affiliates if one concern...
Companion File
When an applicant has another application filed...
Best and Final Offer
For negotiated procurements...

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