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.
Affiliate
Business concerns are affiliates if one concern...
Current Assets
A balance sheet item which equals...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Applicant/Co-Applicant
Business entity and person requesting...
Defense Contractor
Any person who enters into...
Applicant Individual
aka who is requesting an SBA loan...
Substantial Damage
This means uninsured or otherwise uncompensated...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Amortization
A non-cash operating expense that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Cash Flow Test
Part of the CET that determines if...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Protégé
A firm in a developmental stage that...
Full and Open Competition
With respect to a contract action...
Certified 8(a) Firm
A firm owned and operated by socially and...

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