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.
Normal Annual Sales
Those sales that would have...
Injury Analysis
Measures the effects of...
Trend Analysis
A comparative analysis of...
Prime Contract
A contract awarded directly...
Hardship Waiver
Method used to approve a...
Applicant Individual
aka who is requesting an SBA loan...
Depreciation
A non-cash operating expense that...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Business
A business smaller than...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Assets
The amount of current assets that is left...
Credit Elsewhere Test (CET)
The test to determine the...
Guarantor
The legal entity and...
Phase 2
Process to be used to determine economic injury for...

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