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.
Contract
A mutually binding legal rel..
NAICS
NAICS codes are common...
Extraordinary Items
Additional expenses that are...
Adjusted Net Worth
Post disaster fair market value of tangible...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Affiliated Group
When two or more...
Contractor Team Arrangement
An arrangement in which...
Acquisition
The acquiring of supplies or...
Current Liabilities
A balance sheet item, which...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Emerging Small Business
A small business concern whose...
Injury Analysis
Measures the effects of...
Fair and Reasonable Price
A price that is fair to both parties...
Phase 2
Process to be used to determine economic injury for...
Days Payable
A measure of the average time a...

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