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...
Adjusted Net Worth
Post disaster fair market value of tangible...
Defense Contractor
Any person who enters into...
Electronic Data Interchange
Transmission of information bet...
Companion File
When an applicant has another application filed...
Capital Leases
are for the purchase of fixed assets such as...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Substantial Damage
This means uninsured or otherwise uncompensated...
Emerging Small Business
A small business concern whose...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Credit Score Test
Part of the home loan CET show a...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Affiliated Group
When two or more...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
NAICS
NAICS codes are common...

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