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.
Operating Leases
are deducted on the company’s...
Amortization
A non-cash operating expense that...
Affiliated Group
When two or more...
Current Assets
A balance sheet item which equals...
Full and Open Competition
With respect to a contract action...
Normal Gross Margin
The margin that would have been...
Phase 1
Process used to determine the...
Credit Elsewhere Test (CET)
The test to determine the...
Contractor Team Arrangement
An arrangement in which...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Phase 2
Process to be used to determine economic injury for...
Capital Leases
are for the purchase of fixed assets such as...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Protégé
A firm in a developmental stage that...
Subsidiary
A company for which a majority of the...

Get the quick rundown on SBA Loans

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