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.
Acquisition
The acquiring of supplies or...
Negotiation
Contracting through the use of...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Income Statement
Shows the entity’s income and...
Partnership
A type of unincorporated business org...
Lien
A legal claim against an...
Extraordinary Items
Additional expenses that are...
Prime Contract
A contract awarded directly...
Projection
An estimate of future economic or...
Affiliates
Business concerns, organizations, or...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Applicant Individual
aka who is requesting an SBA loan...
Amortization
A non-cash operating expense that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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