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...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Normal Gross Margin
The margin that would have been...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
S-Corporation
A form of corporation, allowed by...
Primary Activity
The major business activity of...
Defense Contractor
Any person who enters into...
Collateral
Assets pledged by a borrower to secure a loan...
Applicant/Co-Applicant
Business entity and person requesting...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Acquisition
The acquiring of supplies or...
Negotiation
Contracting through the use of...
Mentor
A business, usually large, or...
Contractor Team Arrangement
An arrangement in which...
Applicant Individual
aka who is requesting an SBA loan...

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