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.
Small Disadvantaged Business Concern
A small business concern that...
Partnering
A mutually beneficial business-to-bus...
Credit Elsewhere Test (CET)
The test to determine the...
Normal Annual Sales
Those sales that would have...
Contract
A mutually binding legal rel..
Acquisition
The acquiring of supplies or...
Physical Loans
Funds to repair/replace dis...
Subsidiary
A company for which a majority of the...
Affiliate
Business concerns are affiliates if one concern...
Injury Period
The time period during...
Defense Contractor
Any person who enters into...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Best and Final Offer
For negotiated procurements...

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