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.
Liabilities
A financial obligation...
Certificate of Competency
A certificate issued by the Small Bus...
Working Capital (WC)
The amount of current assets that...
Duplicated Interest
The amount of interest exp...
Applicant Entity
The business entity requesting...
Applicant Individual
aka who is requesting an SBA loan...
GPM%
The measure of every sales dollar left...
Full and Open Competition
With respect to a contract action...
Small Business
A business smaller than...
Request for Proposal (RFP)
A document outlining a...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Cash-basis Accounting
records revenue when cash is...
Affiliate
Business concerns are affiliates if one concern...
Affiliated Group
When two or more...
Substantial Damage
This means uninsured or otherwise uncompensated...

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