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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Applicant/Co-Applicant
Business entity and person requesting...
NAICS
NAICS codes are common...
Depreciation
A non-cash operating expense that...
Business Activity
The business (or loss) activity of...
Partnership
A type of unincorporated business org...
Defense Contractor
Any person who enters into...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Full and Open Competition
With respect to a contract action...
Prime Contract
A contract awarded directly...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Subsidiary
A company for which a majority of the...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Partnering
A mutually beneficial business-to-bus...
Affiliated Group
When two or more...

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