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...
Prime Contract
A contract awarded directly...
Injury Period
The time period during...
Credit Elsewhere Test (CET)
The test to determine the...
Certificate of Competency
A certificate issued by the Small Bus...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
NAICS
NAICS codes are common...
Adjusted Net Worth
Post disaster fair market value of tangible...
Extraordinary Items
Additional expenses that are...
Comparative Analysis
Is designed to point out significant trends that...
Subcontract
A contract between a prime cont...
Depreciation
A non-cash operating expense that...
SCORE
Counselors to America's Small Bus...
Applicant Individual
aka who is requesting an SBA loan...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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