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.
Best and Final Offer
For negotiated procurements...
Current Liabilities
A balance sheet item, which...
Small Business
A business smaller than...
Credit Score Test
Part of the home loan CET show a...
Applicant/Co-Applicant
Business entity and person requesting...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
SCORE
Counselors to America's Small Bus...
Sole Proprietor
an individual who...
Current Assets
A balance sheet item which equals...
Applicant Entity
The business entity requesting...
Trend Analysis
A comparative analysis of...
Protégé
A firm in a developmental stage that...
Negotiation
Contracting through the use of...
Principal
the owner(s) of the Applicant Entity that...
Corporation (C-corp.)
The most common form of business org...

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