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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Emerging Small Business
A small business concern whose...
Credit Elsewhere Test (CET)
The test to determine the...
Small Business
A business smaller than...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Substantial Damage
This means uninsured or otherwise uncompensated...
S-Corporation
A form of corporation, allowed by...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Partnership
A type of unincorporated business org...
Sole Proprietor
an individual who...
Full and Open Competition
With respect to a contract action...
Physical Loans
Funds to repair/replace dis...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Partnering
A mutually beneficial business-to-bus...

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