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.
Joint Venture
In the SBA Mentor-Protégé Program...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Projection
An estimate of future economic or...
Best and Final Offer
For negotiated procurements...
Current Liabilities
A balance sheet item, which...
S-Corporation
A form of corporation, allowed by...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Duplicated Interest
The amount of interest exp...
Corporation (C-corp.)
The most common form of business org...
Depreciation
A non-cash operating expense that...
Full and Open Competition
With respect to a contract action...
Days Receivable
A measure of the average time a...
Fair and Reasonable Price
A price that is fair to both parties...
Prime Contract
A contract awarded directly...
Subcontract
A contract between a prime cont...

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