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.
Capital Leases
are for the purchase of fixed assets such as...
Sole Proprietor
an individual who...
Duplicated Interest
The amount of interest exp...
Credit Elsewhere Test (CET)
The test to determine the...
Income Statement
Shows the entity’s income and...
Limited Partnership
A business organization with one or...
Injury Analysis
Measures the effects of...
Mentor
A business, usually large, or...
Depreciation
A non-cash operating expense that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Injury Period
The time period during...
Equity
An accounting term used to...
Business Activity
The business (or loss) activity of...
Contractor Team Arrangement
An arrangement in which...
Subcontract
A contract between a prime cont...

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