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.
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Injury Analysis
Measures the effects of...
Prime Contract
A contract awarded directly...
SCORE
Counselors to America's Small Bus...
Current Liabilities
A balance sheet item, which...
Normal Annual Sales
Those sales that would have...
Emerging Small Business
A small business concern whose...
NAICS
NAICS codes are common...
Fair and Reasonable Price
A price that is fair to both parties...
Trend Analysis
A comparative analysis of...
Defense Contractor
Any person who enters into...
Guarantor
The legal entity and...
Phase 1
Process used to determine the...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Business Activity
The business (or loss) activity of...

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