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.
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Partnering
A mutually beneficial business-to-bus...
Applicant Entity
The business entity requesting...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Intermediary Organization
Organizations that play a funda...
Emerging Small Business
A small business concern whose...
Injury Analysis
Measures the effects of...
Defense Contractor
Any person who enters into...
Credit Elsewhere Test (CET)
The test to determine the...
Normal Gross Margin
The margin that would have been...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Electronic Data Interchange
Transmission of information bet...
Small Disadvantaged Business Concern
A small business concern that...
Projection
An estimate of future economic or...

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