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.
Physical Loans
Funds to repair/replace dis...
B/E (Business EIDL) Loan
A business loan that...
Guarantor
The legal entity and...
Applicant/Co-Applicant
Business entity and person requesting...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Certificate of Competency
A certificate issued by the Small Bus...
Applicant Entity
The business entity requesting...
Lien
A legal claim against an...
Joint Venture
In the SBA Mentor-Protégé Program...
Cash Flow Test
Part of the CET that determines if...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Current Assets
A balance sheet item which equals...
Corporation (C-corp.)
The most common form of business org...

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