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.
Phase 2
Process to be used to determine economic injury for...
NAICS
NAICS codes are common...
Limited Partnership
A business organization with one or...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Credit Elsewhere Test (CET)
The test to determine the...
Normal Gross Margin
The margin that would have been...
Contracting
Purchasing, renting, leasing, or...
Applicant/Co-Applicant
Business entity and person requesting...
Protégé
A firm in a developmental stage that...
Subsidiary
A company for which a majority of the...
Affiliates
Business concerns, organizations, or...
Injury Period
The time period during...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...

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