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.
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Adjusted Net Worth
Post disaster fair market value of tangible...
Capital Leases
are for the purchase of fixed assets such as...
Joint Venture
In the SBA Mentor-Protégé Program...
Electronic Data Interchange
Transmission of information bet...
Applicant/Co-Applicant
Business entity and person requesting...
Extraordinary Items
Additional expenses that are...
Assets
The amount of current assets that is left...
Amortization
A non-cash operating expense that...
Certificate of Competency
A certificate issued by the Small Bus...
Prime Contract
A contract awarded directly...
Income Statement
Shows the entity’s income and...
Cash-basis Accounting
records revenue when cash is...
Primary Activity
The major business activity of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...

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