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.
Joint Venture
In the SBA Mentor-Protégé Program...
Working Capital (WC)
The amount of current assets that...
Collateral
Assets pledged by a borrower to secure a loan...
Request for Proposal (RFP)
A document outlining a...
Standard Industrial Classification (SIC) Code
A code representing a category within...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Intermediary Organization
Organizations that play a funda...
Adjusted Net Worth
Post disaster fair market value of tangible...
Substantial Damage
This means uninsured or otherwise uncompensated...
Limited Partnership
A business organization with one or...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Sole Proprietor
an individual who...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Days Receivable
A measure of the average time a...
Contractor Team Arrangement
An arrangement in which...

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