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.
Current Liabilities
A balance sheet item, which...
Projection
An estimate of future economic or...
Collateral
Assets pledged by a borrower to secure a loan...
Normal Annual Sales
Those sales that would have...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Contracting
Purchasing, renting, leasing, or...
Companion File
When an applicant has another application filed...
Prime Contract
A contract awarded directly...
Best and Final Offer
For negotiated procurements...
Partnership
A type of unincorporated business org...
Trend Analysis
A comparative analysis of...
Acquisition
The acquiring of supplies or...
Corporation (C-corp.)
The most common form of business org...
Cash-basis Accounting
records revenue when cash is...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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