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.
Phase 1
Process used to determine the...
Corporation (C-corp.)
The most common form of business org...
Prime Contract
A contract awarded directly...
Credit Elsewhere Test (CET)
The test to determine the...
Primary Activity
The major business activity of...
Affiliates
Business concerns, organizations, or...
Cash-basis Accounting
records revenue when cash is...
Substantial Damage
This means uninsured or otherwise uncompensated...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Business Activity
The business (or loss) activity of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Hardship Waiver
Method used to approve a...
Injury Period
The time period during...
Days Payable
A measure of the average time a...
Intermediary Organization
Organizations that play a funda...

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