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.
Defense Contractor
Any person who enters into...
S-Corporation
A form of corporation, allowed by...
Liabilities
A financial obligation...
Affiliates
Business concerns, organizations, or...
Normal Annual Sales
Those sales that would have...
Credit Score Test
Part of the home loan CET show a...
Applicant Entity
The business entity requesting...
Small Business
A business smaller than...
Emerging Small Business
A small business concern whose...
Projection
An estimate of future economic or...
Working Capital (WC)
The amount of current assets that...
Extraordinary Items
Additional expenses that are...
Collateral
Assets pledged by a borrower to secure a loan...
Companion File
When an applicant has another application filed...
Principal
the owner(s) of the Applicant Entity that...

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