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.
Fair and Reasonable Price
A price that is fair to both parties...
Days Receivable
A measure of the average time a...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Guarantor
The legal entity and...
Current Liabilities
A balance sheet item, which...
Subcontract
A contract between a prime cont...
Contracting
Purchasing, renting, leasing, or...
Cash Flow Test
Part of the CET that determines if...
Depreciation
A non-cash operating expense that...
Assets
The amount of current assets that is left...
Contracting Officer
A person with the authority to...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Hardship Waiver
Method used to approve a...

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