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.
Corporation (C-corp.)
The most common form of business org...
Trend Analysis
A comparative analysis of...
Applicant Individual
aka who is requesting an SBA loan...
Contract
A mutually binding legal rel..
Extraordinary Items
Additional expenses that are...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Fair and Reasonable Price
A price that is fair to both parties...
Partnership
A type of unincorporated business org...
Current Assets
A balance sheet item which equals...
Prime Contract
A contract awarded directly...
Small Business
A business smaller than...
Affiliates
Business concerns, organizations, or...
Operating Leases
are deducted on the company’s...
Injury Period
The time period during...
Mentor
A business, usually large, or...

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