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.
Small Disadvantaged Business Concern
A small business concern that...
Small Business
A business smaller than...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Injury Period
The time period during...
Affiliates
Business concerns, organizations, or...
Cash Flow Test
Part of the CET that determines if...
Assets
The amount of current assets that is left...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Prime Contract
A contract awarded directly...
NAICS
NAICS codes are common...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Contractor Team Arrangement
An arrangement in which...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers

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