Defense Acquisition Regulatory Council (DARC)

A group composed of representatives from each Military department, the Defense Logistics Agency, and the National Aeronautics and Space Administration and that is in charge of the Federal Acquisition Regulation (FAR) on a joint basis with the Civilian Agency Acquisition Council (CAAC).

Updated on
September 9, 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.
Substantial Damage
This means uninsured or otherwise uncompensated...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Standard Industrial Classification (SIC) Code
A code representing a category within...
B/E (Business EIDL) Loan
A business loan that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Credit Score Test
Part of the home loan CET show a...
Income Statement
Shows the entity’s income and...
Defense Contractor
Any person who enters into...
Fair and Reasonable Price
A price that is fair to both parties...
Protégé
A firm in a developmental stage that...
Small Business
A business smaller than...
Normal Annual Sales
Those sales that would have...
Amortization
A non-cash operating expense that...
Phase 2
Process to be used to determine economic injury for...
Cash Flow Test
Part of the CET that determines if...

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