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.
Partnership
A type of unincorporated business org...
Assets
The amount of current assets that is left...
Fair and Reasonable Price
A price that is fair to both parties...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Electronic Data Interchange
Transmission of information bet...
Days Payable
A measure of the average time a...
Current Liabilities
A balance sheet item, which...
Subsidiary
A company for which a majority of the...
Contracting Officer
A person with the authority to...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Credit Elsewhere Test (CET)
The test to determine the...
Injury Period
The time period during...
Corporation (C-corp.)
The most common form of business org...
Contracting
Purchasing, renting, leasing, or...
Phase 2
Process to be used to determine economic injury for...

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