Subsidiary

A company for which a majority of the voting stock is owned by a holding company. For SBA’s purposes, a subsidiary is an affiliate; a company owned or controlled by the applicant business.

Updated on
September 8, 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.
Capital Leases
are for the purchase of fixed assets such as...
Protégé
A firm in a developmental stage that...
Joint Venture
In the SBA Mentor-Protégé Program...
Sole Proprietor
an individual who...
Emerging Small Business
A small business concern whose...
Subsidiary
A company for which a majority of the...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
NAICS
NAICS codes are common...
B/E (Business EIDL) Loan
A business loan that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Equity
An accounting term used to...
Days Payable
A measure of the average time a...
Projection
An estimate of future economic or...
Companion File
When an applicant has another application filed...

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