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.
Electronic Data Interchange
Transmission of information bet...
B/E (Business EIDL) Loan
A business loan that...
Contract
A mutually binding legal rel..
Cash Flow Test
Part of the CET that determines if...
Duplicated Interest
The amount of interest exp...
Emerging Small Business
A small business concern whose...
Phase 2
Process to be used to determine economic injury for...
Affiliated Group
When two or more...
Applicant/Co-Applicant
Business entity and person requesting...
Protégé
A firm in a developmental stage that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Normal Gross Margin
The margin that would have been...
Adjusted Net Worth
Post disaster fair market value of tangible...
Current Liabilities
A balance sheet item, which...
Contracting
Purchasing, renting, leasing, or...

Get the quick rundown on SBA Loans

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