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.
Guarantor
The legal entity and...
Certificate of Competency
A certificate issued by the Small Bus...
Limited Partnership
A business organization with one or...
Applicant Entity
The business entity requesting...
Protégé
A firm in a developmental stage that...
Amortization
A non-cash operating expense that...
Affiliates
Business concerns, organizations, or...
Credit Score Test
Part of the home loan CET show a...
Applicant/Co-Applicant
Business entity and person requesting...
Phase 1
Process used to determine the...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
S-Corporation
A form of corporation, allowed by...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Normal Annual Sales
Those sales that would have...

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