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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Emerging Small Business
A small business concern whose...
Normal Gross Margin
The margin that would have been...
Income Statement
Shows the entity’s income and...
Comparative Analysis
Is designed to point out significant trends that...
Mentor
A business, usually large, or...
Collateral
Assets pledged by a borrower to secure a loan...
Applicant/Co-Applicant
Business entity and person requesting...
Defense Contractor
Any person who enters into...
Full and Open Competition
With respect to a contract action...
Applicant Entity
The business entity requesting...
Phase 1
Process used to determine the...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Affiliate
Business concerns are affiliates if one concern...

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