Defense Contractor

Any person who enters into a contract with the United States for the production of material or for the performance of services for the national defense.

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.
Comparative Analysis
Is designed to point out significant trends that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Contracting
Purchasing, renting, leasing, or...
Partnership
A type of unincorporated business org...
Certificate of Competency
A certificate issued by the Small Bus...
NAICS
NAICS codes are common...
Companion File
When an applicant has another application filed...
Contracting Officer
A person with the authority to...
Negotiation
Contracting through the use of...
Joint Venture
In the SBA Mentor-Protégé Program...
Primary Activity
The major business activity of...
Equity
An accounting term used to...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Normal Annual Sales
Those sales that would have...
Guarantor
The legal entity and...

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