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.
Collateral
Assets pledged by a borrower to secure a loan...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Trend Analysis
A comparative analysis of...
Duplicated Interest
The amount of interest exp...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Comparative Analysis
Is designed to point out significant trends that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Fair and Reasonable Price
A price that is fair to both parties...
Depreciation
A non-cash operating expense that...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
B/E (Business EIDL) Loan
A business loan that...
Adjusted Net Worth
Post disaster fair market value of tangible...
Protégé
A firm in a developmental stage that...

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