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.
SCORE
Counselors to America's Small Bus...
Partnership
A type of unincorporated business org...
NAICS
NAICS codes are common...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Guarantor
The legal entity and...
Corporation (C-corp.)
The most common form of business org...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Comparative Analysis
Is designed to point out significant trends that...
Primary Activity
The major business activity of...
Credit Score Test
Part of the home loan CET show a...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Equity
An accounting term used to...
Emerging Small Business
A small business concern whose...

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