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.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Partnering
A mutually beneficial business-to-bus...
Defense Contractor
Any person who enters into...
Applicant/Co-Applicant
Business entity and person requesting...
Certificate of Competency
A certificate issued by the Small Bus...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Federal Acquisition Regulation (FAR)
The body of regulations which is...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Small Disadvantaged Business Concern
A small business concern that...
Assets
The amount of current assets that is left...
Projection
An estimate of future economic or...
Affiliate
Business concerns are affiliates if one concern...
Affiliated Group
When two or more...
Guarantor
The legal entity and...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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