Small Disadvantaged Business Concern

A small business concern that is at least 51 percent owned by one or more individuals who are both socially and economically disadvantaged. This can include a publicly owned business that has at least 51 percent of its stock unconditionally owned by one or more socially and economically disadvantaged individuals and whose management and daily business is controlled by one or more such individuals.

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.
Substantial Damage
This means uninsured or otherwise uncompensated...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Subcontract
A contract between a prime cont...
Affiliates
Business concerns, organizations, or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Trend Analysis
A comparative analysis of...
Applicant/Co-Applicant
Business entity and person requesting...
Days Receivable
A measure of the average time a...
Joint Venture
In the SBA Mentor-Protégé Program...
Income Statement
Shows the entity’s income and...
Current Assets
A balance sheet item which equals...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Equity
An accounting term used to...
Capital Leases
are for the purchase of fixed assets such as...

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