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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Partnership
A type of unincorporated business org...
Protégé
A firm in a developmental stage that...
Contracting
Purchasing, renting, leasing, or...
Credit Score Test
Part of the home loan CET show a...
Normal Gross Margin
The margin that would have been...
Applicant Individual
aka who is requesting an SBA loan...
Extraordinary Items
Additional expenses that are...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Days Receivable
A measure of the average time a...
Lien
A legal claim against an...
Affiliates
Business concerns, organizations, or...
Substantial Damage
This means uninsured or otherwise uncompensated...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Assets
The amount of current assets that is left...

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