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.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Trend Analysis
A comparative analysis of...
Projection
An estimate of future economic or...
Substantial Damage
This means uninsured or otherwise uncompensated...
Principal
the owner(s) of the Applicant Entity that...
Lien
A legal claim against an...
Operating Leases
are deducted on the company’s...
Applicant Entity
The business entity requesting...
Affiliates
Business concerns, organizations, or...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Cash-basis Accounting
records revenue when cash is...
Cash Flow Test
Part of the CET that determines if...
Duplicated Interest
The amount of interest exp...
Contractor Team Arrangement
An arrangement in which...
Collateral
Assets pledged by a borrower to secure a loan...

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