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.
Contract
A mutually binding legal rel..
Break-even Analysis
A calculation of the approximate sales...
Primary Activity
The major business activity of...
Liabilities
A financial obligation...
Electronic Data Interchange
Transmission of information bet...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Fair and Reasonable Price
A price that is fair to both parties...
Days Receivable
A measure of the average time a...
Days Payable
A measure of the average time a...
Normal Gross Margin
The margin that would have been...
Business Activity
The business (or loss) activity of...
Full and Open Competition
With respect to a contract action...
Comparative Analysis
Is designed to point out significant trends that...
Assets
The amount of current assets that is left...

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