Protégé

A firm in a developmental stage that aspires to increasing its capabilities through a mutually beneficial business-to-business relationship.

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.
Collateral
Assets pledged by a borrower to secure a loan...
Principal
the owner(s) of the Applicant Entity that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Small Business
A business smaller than...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Business Activity
The business (or loss) activity of...
Comparative Analysis
Is designed to point out significant trends that...
Normal Gross Margin
The margin that would have been...
Defense Contractor
Any person who enters into...
Hardship Waiver
Method used to approve a...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Contracting
Purchasing, renting, leasing, or...
Extraordinary Items
Additional expenses that are...
Partnership
A type of unincorporated business org...
Projection
An estimate of future economic or...

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