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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Subsidiary
A company for which a majority of the...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Working Capital (WC)
The amount of current assets that...
Current Assets
A balance sheet item which equals...
Joint Venture
In the SBA Mentor-Protégé Program...
Acquisition
The acquiring of supplies or...
Affiliate
Business concerns are affiliates if one concern...
Applicant/Co-Applicant
Business entity and person requesting...
Assets
The amount of current assets that is left...
Physical Loans
Funds to repair/replace dis...
Small Business
A business smaller than...
Cash-basis Accounting
records revenue when cash is...
Operating Leases
are deducted on the company’s...

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