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.
Duplicated Interest
The amount of interest exp...
Sole Proprietor
an individual who...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Collateral
Assets pledged by a borrower to secure a loan...
Partnership
A type of unincorporated business org...
Equity
An accounting term used to...
Normal Annual Sales
Those sales that would have...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Negotiation
Contracting through the use of...
Phase 2
Process to be used to determine economic injury for...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Contract
A mutually binding legal rel..
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Liabilities
A financial obligation...

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