Emerging Small Business

A small business concern whose size is no greater than 50 percent of the numerical size standard applicable to the Standard Industrial Classification code assigned to a contracting opportunity.

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.
Equity
An accounting term used to...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Income Statement
Shows the entity’s income and...
B/E (Business EIDL) Loan
A business loan that...
Days Receivable
A measure of the average time a...
Subcontract
A contract between a prime cont...
Phase 2
Process to be used to determine economic injury for...
S-Corporation
A form of corporation, allowed by...
Assets
The amount of current assets that is left...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Principal
the owner(s) of the Applicant Entity that...
Applicant Individual
aka who is requesting an SBA loan...
GPM%
The measure of every sales dollar left...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
NAICS
NAICS codes are common...

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