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.
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Applicant Individual
aka who is requesting an SBA loan...
Current Assets
A balance sheet item which equals...
Mentor
A business, usually large, or...
Affiliates
Business concerns, organizations, or...
Assets
The amount of current assets that is left...
Phase 1
Process used to determine the...
Credit Score Test
Part of the home loan CET show a...
Contracting
Purchasing, renting, leasing, or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Hardship Waiver
Method used to approve a...
Collateral
Assets pledged by a borrower to secure a loan...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Corporation (C-corp.)
The most common form of business org...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.