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.
Phase 2
Process to be used to determine economic injury for...
Protégé
A firm in a developmental stage that...
Contract
A mutually binding legal rel..
Applicant Individual
aka who is requesting an SBA loan...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Limited Partnership
A business organization with one or...
Duplicated Interest
The amount of interest exp...
Physical Loans
Funds to repair/replace dis...
Assets
The amount of current assets that is left...
Operating Leases
are deducted on the company’s...
Request for Proposal (RFP)
A document outlining a...
Certified 8(a) Firm
A firm owned and operated by socially and...
Applicant Entity
The business entity requesting...
Subcontract
A contract between a prime cont...
Federal Acquisition Regulation (FAR)
The body of regulations which is...

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