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.
Certified 8(a) Firm
A firm owned and operated by socially and...
NAICS
NAICS codes are common...
Substantial Damage
This means uninsured or otherwise uncompensated...
Phase 2
Process to be used to determine economic injury for...
Defense Contractor
Any person who enters into...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Acquisition
The acquiring of supplies or...
Partnering
A mutually beneficial business-to-bus...
Credit Elsewhere Test (CET)
The test to determine the...
Assets
The amount of current assets that is left...
Request for Proposal (RFP)
A document outlining a...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Contract
A mutually binding legal rel..
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Corporation (C-corp.)
The most common form of business org...

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