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.
Hardship Waiver
Method used to approve a...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Corporation (C-corp.)
The most common form of business org...
Current Assets
A balance sheet item which equals...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Fair and Reasonable Price
A price that is fair to both parties...
Certificate of Competency
A certificate issued by the Small Bus...
Certified 8(a) Firm
A firm owned and operated by socially and...
Partnering
A mutually beneficial business-to-bus...
Liabilities
A financial obligation...
Lien
A legal claim against an...
Duplicated Interest
The amount of interest exp...
Credit Score Test
Part of the home loan CET show a...
Protégé
A firm in a developmental stage that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...

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