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.
B/E (Business EIDL) Loan
A business loan that...
Applicant Individual
aka who is requesting an SBA loan...
Normal Annual Sales
Those sales that would have...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Collateral
Assets pledged by a borrower to secure a loan...
Working Capital (WC)
The amount of current assets that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Days Payable
A measure of the average time a...
Limited Partnership
A business organization with one or...
Liabilities
A financial obligation...
Capital Leases
are for the purchase of fixed assets such as...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
NAICS
NAICS codes are common...
Guarantor
The legal entity and...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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