Subsidiary

A company for which a majority of the voting stock is owned by a holding company. For SBA’s purposes, a subsidiary is an affiliate; a company owned or controlled by the applicant business.

Updated on
September 8, 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.
Trend Analysis
A comparative analysis of...
Contractor Team Arrangement
An arrangement in which...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Emerging Small Business
A small business concern whose...
Credit Elsewhere Test (CET)
The test to determine the...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Joint Venture
In the SBA Mentor-Protégé Program...
Physical Loans
Funds to repair/replace dis...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Small Disadvantaged Business Concern
A small business concern that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Equity
An accounting term used to...
Companion File
When an applicant has another application filed...
Substantial Damage
This means uninsured or otherwise uncompensated...
Credit Score Test
Part of the home loan CET show a...

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