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.
Injury Analysis
Measures the effects of...
Hardship Waiver
Method used to approve a...
Standard Industrial Classification (SIC) Code
A code representing a category within...
SCORE
Counselors to America's Small Bus...
Affiliated Group
When two or more...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Joint Venture
In the SBA Mentor-Protégé Program...
Principal
the owner(s) of the Applicant Entity that...
Income Statement
Shows the entity’s income and...
Fair and Reasonable Price
A price that is fair to both parties...
Companion File
When an applicant has another application filed...
Prime Contract
A contract awarded directly...
Limited Partnership
A business organization with one or...
Partnering
A mutually beneficial business-to-bus...
Collateral
Assets pledged by a borrower to secure a loan...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.