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.
Income Statement
Shows the entity’s income and...
Negotiation
Contracting through the use of...
Subsidiary
A company for which a majority of the...
Contracting Officer
A person with the authority to...
Current Assets
A balance sheet item which equals...
Equity
An accounting term used to...
Defense Contractor
Any person who enters into...
Guarantor
The legal entity and...
B/E (Business EIDL) Loan
A business loan that...
Normal Annual Sales
Those sales that would have...
Duplicated Interest
The amount of interest exp...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Cash-basis Accounting
records revenue when cash is...
Primary Activity
The major business activity of...
P&L (Profit and Loss Statement)
also considered as Income Statement or...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.