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.
Equity
An accounting term used to...
Hardship Waiver
Method used to approve a...
Fair and Reasonable Price
A price that is fair to both parties...
Liabilities
A financial obligation...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Companion File
When an applicant has another application filed...
Phase 2
Process to be used to determine economic injury for...
Amortization
A non-cash operating expense that...
Contracting Officer
A person with the authority to...
Protégé
A firm in a developmental stage that...
Affiliated Group
When two or more...
Collateral
Assets pledged by a borrower to secure a loan...
Joint Venture
In the SBA Mentor-Protégé Program...
Credit Score Test
Part of the home loan CET show a...
Assets
The amount of current assets that is left...

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