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.
Cash Flow Test
Part of the CET that determines if...
Protégé
A firm in a developmental stage that...
Applicant/Co-Applicant
Business entity and person requesting...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Normal Annual Sales
Those sales that would have...
Depreciation
A non-cash operating expense that...
Sole Proprietor
an individual who...
Trend Analysis
A comparative analysis of...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Physical Loans
Funds to repair/replace dis...
Liabilities
A financial obligation...
Amortization
A non-cash operating expense that...
Affiliates
Business concerns, organizations, or...
Credit Score Test
Part of the home loan CET show a...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...

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