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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Subsidiary
A company for which a majority of the...
Primary Activity
The major business activity of...
NAICS
NAICS codes are common...
Protégé
A firm in a developmental stage that...
Sole Proprietor
an individual who...
Working Capital (WC)
The amount of current assets that...
Contractor Team Arrangement
An arrangement in which...
Phase 1
Process used to determine the...
Current Liabilities
A balance sheet item, which...
Request for Proposal (RFP)
A document outlining a...
Substantial Damage
This means uninsured or otherwise uncompensated...
Injury Analysis
Measures the effects of...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Standard Industrial Classification (SIC) Code
A code representing a category within...

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