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.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Intermediary Organization
Organizations that play a funda...
Injury Period
The time period during...
Sole Proprietor
an individual who...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Capital Leases
are for the purchase of fixed assets such as...
Applicant Individual
aka who is requesting an SBA loan...
Emerging Small Business
A small business concern whose...
Protégé
A firm in a developmental stage that...
Request for Proposal (RFP)
A document outlining a...
Lien
A legal claim against an...
Projection
An estimate of future economic or...
Phase 2
Process to be used to determine economic injury for...
Affiliates
Business concerns, organizations, or...
Normal Gross Margin
The margin that would have been...

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