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.
Best and Final Offer
For negotiated procurements...
Partnership
A type of unincorporated business org...
Electronic Data Interchange
Transmission of information bet...
Protégé
A firm in a developmental stage that...
SCORE
Counselors to America's Small Bus...
Phase 2
Process to be used to determine economic injury for...
Normal Gross Margin
The margin that would have been...
Applicant/Co-Applicant
Business entity and person requesting...
Collateral
Assets pledged by a borrower to secure a loan...
NAICS
NAICS codes are common...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Current Assets
A balance sheet item which equals...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Physical Loans
Funds to repair/replace dis...
Small Business
A business smaller than...

Get the quick rundown on SBA Loans

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