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.
Certificate of Competency
A certificate issued by the Small Bus...
Affiliated Group
When two or more...
Trend Analysis
A comparative analysis of...
Injury Analysis
Measures the effects of...
Prime Contract
A contract awarded directly...
Primary Activity
The major business activity of...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Projection
An estimate of future economic or...
Days Payable
A measure of the average time a...
Joint Venture
In the SBA Mentor-Protégé Program...
Normal Gross Margin
The margin that would have been...
Credit Score Test
Part of the home loan CET show a...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Protégé
A firm in a developmental stage that...
Phase 1
Process used to determine the...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.