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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Physical Loans
Funds to repair/replace dis...
Normal Gross Margin
The margin that would have been...
Cash Flow Test
Part of the CET that determines if...
Small Business
A business smaller than...
Negotiation
Contracting through the use of...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Substantial Damage
This means uninsured or otherwise uncompensated...
Full and Open Competition
With respect to a contract action...
Affiliated Group
When two or more...
Credit Elsewhere Test (CET)
The test to determine the...
Companion File
When an applicant has another application filed...
Equity
An accounting term used to...
Affiliates
Business concerns, organizations, or...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.