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.
Partnering
A mutually beneficial business-to-bus...
Certified 8(a) Firm
A firm owned and operated by socially and...
Applicant/Co-Applicant
Business entity and person requesting...
Assets
The amount of current assets that is left...
Primary Activity
The major business activity of...
Partnership
A type of unincorporated business org...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Adjusted Net Worth
Post disaster fair market value of tangible...
Small Business
A business smaller than...
NAICS
NAICS codes are common...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
SCORE
Counselors to America's Small Bus...
Physical Loans
Funds to repair/replace dis...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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