Defense Contractor

Any person who enters into a contract with the United States for the production of material or for the performance of services for the national defense.

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.
Applicant/Co-Applicant
Business entity and person requesting...
Contracting
Purchasing, renting, leasing, or...
Subcontract
A contract between a prime cont...
Cash Flow Test
Part of the CET that determines if...
Injury Analysis
Measures the effects of...
Operating Leases
are deducted on the company’s...
Equity
An accounting term used to...
Companion File
When an applicant has another application filed...
Business Activity
The business (or loss) activity of...
Amortization
A non-cash operating expense that...
Affiliate
Business concerns are affiliates if one concern...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
B/E (Business EIDL) Loan
A business loan that...
Comparative Analysis
Is designed to point out significant trends that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...

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