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.
Affiliated Group
When two or more...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
GPM%
The measure of every sales dollar left...
Defense Contractor
Any person who enters into...
Assets
The amount of current assets that is left...
Credit Score Test
Part of the home loan CET show a...
Substantial Damage
This means uninsured or otherwise uncompensated...
Business Activity
The business (or loss) activity of...
Emerging Small Business
A small business concern whose...
Cash-basis Accounting
records revenue when cash is...
Capital Leases
are for the purchase of fixed assets such as...
Current Liabilities
A balance sheet item, which...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Best and Final Offer
For negotiated procurements...

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