Protégé

A firm in a developmental stage that aspires to increasing its capabilities through a mutually beneficial business-to-business relationship.

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.
Normal Gross Margin
The margin that would have been...
Projection
An estimate of future economic or...
Cash Flow Test
Part of the CET that determines if...
Physical Loans
Funds to repair/replace dis...
Lien
A legal claim against an...
Duplicated Interest
The amount of interest exp...
Partnership
A type of unincorporated business org...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Certified 8(a) Firm
A firm owned and operated by socially and...
Intermediary Organization
Organizations that play a funda...
Contracting Officer
A person with the authority to...
Primary Activity
The major business activity of...
Acquisition
The acquiring of supplies or...
Emerging Small Business
A small business concern whose...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...

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