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.
Guarantor
The legal entity and...
Limited Partnership
A business organization with one or...
Certified 8(a) Firm
A firm owned and operated by socially and...
Emerging Small Business
A small business concern whose...
Affiliate
Business concerns are affiliates if one concern...
Negotiation
Contracting through the use of...
Duplicated Interest
The amount of interest exp...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Equity
An accounting term used to...
Contract
A mutually binding legal rel..
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Hardship Waiver
Method used to approve a...
Companion File
When an applicant has another application filed...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Extraordinary Items
Additional expenses that are...

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