Sba (Noun)
Meaning
An independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government contracts.
Classification
Nouns denoting groupings of people or objects.
Examples
- The SBA works with other government agencies to guarantee loans to small businesses.
- Local small business owners attended an SBA seminar to learn about contracting opportunities.
- As a woman-owned business, she was able to receive special consideration through the SBA's Office of Women's Business Ownership.
- The government's goal was to award at least 23% of all federal contracts to small businesses through the SBA.
- The SBA Disaster Loan Program provides financial assistance to businesses affected by natural disasters.