Joint Venture

In the SBA Mentor-Protégé Program, an agreement between a certified 8(a) firm and a mentor firm to perform a specific federal contract.

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.
Business Activity
The business (or loss) activity of...
Partnership
A type of unincorporated business org...
Affiliate
Business concerns are affiliates if one concern...
Depreciation
A non-cash operating expense that...
Acquisition
The acquiring of supplies or...
Defense Contractor
Any person who enters into...
Prime Contract
A contract awarded directly...
Applicant/Co-Applicant
Business entity and person requesting...
Electronic Data Interchange
Transmission of information bet...
Projection
An estimate of future economic or...
Subsidiary
A company for which a majority of the...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Applicant Individual
aka who is requesting an SBA loan...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Request for Proposal (RFP)
A document outlining a...

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