Small Disadvantaged Business Concern

A small business concern that is at least 51 percent owned by one or more individuals who are both socially and economically disadvantaged. This can include a publicly owned business that has at least 51 percent of its stock unconditionally owned by one or more socially and economically disadvantaged individuals and whose management and daily business is controlled by one or more such individuals.

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.
Break-even Analysis
A calculation of the approximate sales...
Prime Contract
A contract awarded directly...
Collateral
Assets pledged by a borrower to secure a loan...
Cash-basis Accounting
records revenue when cash is...
Full and Open Competition
With respect to a contract action...
Credit Elsewhere Test (CET)
The test to determine the...
NAICS
NAICS codes are common...
Intermediary Organization
Organizations that play a funda...
Extraordinary Items
Additional expenses that are...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Liabilities
A financial obligation...
Business Activity
The business (or loss) activity of...
Certified 8(a) Firm
A firm owned and operated by socially and...
Applicant/Co-Applicant
Business entity and person requesting...
Partnering
A mutually beneficial business-to-bus...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.