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.
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Contract
A mutually binding legal rel..
Limited Partnership
A business organization with one or...
Contracting Officer
A person with the authority to...
Injury Analysis
Measures the effects of...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Primary Activity
The major business activity of...
NAICS
NAICS codes are common...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Credit Score Test
Part of the home loan CET show a...
Normal Annual Sales
Those sales that would have...
Intermediary Organization
Organizations that play a funda...
Projection
An estimate of future economic or...

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