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.
Contracting Officer
A person with the authority to...
Days Payable
A measure of the average time a...
Acquisition
The acquiring of supplies or...
Companion File
When an applicant has another application filed...
Protégé
A firm in a developmental stage that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Partnership
A type of unincorporated business org...
Request for Proposal (RFP)
A document outlining a...
Primary Activity
The major business activity of...
Prime Contract
A contract awarded directly...
Injury Analysis
Measures the effects of...
Affiliate
Business concerns are affiliates if one concern...
Normal Gross Margin
The margin that would have been...
Equity
An accounting term used to...
Depreciation
A non-cash operating expense that...

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