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.
Small Business
A business smaller than...
Contracting
Purchasing, renting, leasing, or...
Phase 1
Process used to determine the...
Operating Leases
are deducted on the company’s...
Collateral
Assets pledged by a borrower to secure a loan...
Injury Period
The time period during...
Normal Annual Sales
Those sales that would have...
Companion File
When an applicant has another application filed...
Lien
A legal claim against an...
Contracting Officer
A person with the authority to...
Negotiation
Contracting through the use of...
Trend Analysis
A comparative analysis of...
S-Corporation
A form of corporation, allowed by...
Mentor
A business, usually large, or...
Partnering
A mutually beneficial business-to-bus...

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