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.
Income Statement
Shows the entity’s income and...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Defense Contractor
Any person who enters into...
Acquisition
The acquiring of supplies or...
Subsidiary
A company for which a majority of the...
Projection
An estimate of future economic or...
Prime Contract
A contract awarded directly...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Depreciation
A non-cash operating expense that...
Sole Proprietor
an individual who...
Liabilities
A financial obligation...
Days Receivable
A measure of the average time a...
Substantial Damage
This means uninsured or otherwise uncompensated...
Normal Annual Sales
Those sales that would have...

Get the quick rundown on SBA Loans

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