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.
S-Corporation
A form of corporation, allowed by...
Subsidiary
A company for which a majority of the...
Projection
An estimate of future economic or...
Affiliates
Business concerns, organizations, or...
SCORE
Counselors to America's Small Bus...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Full and Open Competition
With respect to a contract action...
Duplicated Interest
The amount of interest exp...
Business Activity
The business (or loss) activity of...
Negotiation
Contracting through the use of...
Normal Annual Sales
Those sales that would have...
Applicant/Co-Applicant
Business entity and person requesting...
Current Liabilities
A balance sheet item, which...
Current Assets
A balance sheet item which equals...
Affiliated Group
When two or more...

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