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.
Adjusted Net Worth
Post disaster fair market value of tangible...
Current Assets
A balance sheet item which equals...
Credit Elsewhere Test (CET)
The test to determine the...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Injury Period
The time period during...
Days Receivable
A measure of the average time a...
Injury Analysis
Measures the effects of...
Subcontract
A contract between a prime cont...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Cash-basis Accounting
records revenue when cash is...
Current Liabilities
A balance sheet item, which...
Normal Gross Margin
The margin that would have been...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Certified 8(a) Firm
A firm owned and operated by socially and...

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