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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Break-even Analysis
A calculation of the approximate sales...
Business Activity
The business (or loss) activity of...
Certified 8(a) Firm
A firm owned and operated by socially and...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Subcontract
A contract between a prime cont...
Partnering
A mutually beneficial business-to-bus...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Joint Venture
In the SBA Mentor-Protégé Program...
Full and Open Competition
With respect to a contract action...
Equity
An accounting term used to...
Liabilities
A financial obligation...
Substantial Damage
This means uninsured or otherwise uncompensated...
Applicant Individual
aka who is requesting an SBA loan...
SCORE
Counselors to America's Small Bus...

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