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.
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Cash Flow Test
Part of the CET that determines if...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Days Payable
A measure of the average time a...
Applicant Entity
The business entity requesting...
Fair and Reasonable Price
A price that is fair to both parties...
Sole Proprietor
an individual who...
Extraordinary Items
Additional expenses that are...
Prime Contract
A contract awarded directly...
Mentor
A business, usually large, or...
Trend Analysis
A comparative analysis of...
Days Receivable
A measure of the average time a...
Normal Gross Margin
The margin that would have been...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Phase 2
Process to be used to determine economic injury for...

Get the quick rundown on SBA Loans

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