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.
Prime Contract
A contract awarded directly...
Negotiation
Contracting through the use of...
Physical Loans
Funds to repair/replace dis...
Phase 2
Process to be used to determine economic injury for...
Cash-basis Accounting
records revenue when cash is...
Liabilities
A financial obligation...
Joint Venture
In the SBA Mentor-Protégé Program...
Subsidiary
A company for which a majority of the...
Normal Annual Sales
Those sales that would have...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Amortization
A non-cash operating expense that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Break-even Analysis
A calculation of the approximate sales...

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