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.
Days Receivable
A measure of the average time a...
Phase 2
Process to be used to determine economic injury for...
Collateral
Assets pledged by a borrower to secure a loan...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Phase 1
Process used to determine the...
Business Activity
The business (or loss) activity of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Cash Flow Test
Part of the CET that determines if...
Injury Analysis
Measures the effects of...
Current Assets
A balance sheet item which equals...
Equity
An accounting term used to...
Lien
A legal claim against an...
Applicant Entity
The business entity requesting...
Small Business
A business smaller than...

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