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.
Days Payable
A measure of the average time a...
Sole Proprietor
an individual who...
NAICS
NAICS codes are common...
Subcontract
A contract between a prime cont...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Lien
A legal claim against an...
Partnering
A mutually beneficial business-to-bus...
Full and Open Competition
With respect to a contract action...
GPM%
The measure of every sales dollar left...
Hardship Waiver
Method used to approve a...
Extraordinary Items
Additional expenses that are...
Certified 8(a) Firm
A firm owned and operated by socially and...
SCORE
Counselors to America's Small Bus...
Affiliate
Business concerns are affiliates if one concern...
Joint Venture
In the SBA Mentor-Protégé Program...

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