Coastal Barrier Resource Area (COBRA)

A flood prone area in which the government prohibits financial disaster assistance.

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.
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Joint Venture
In the SBA Mentor-Protégé Program...
Contract
A mutually binding legal rel..
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Affiliate
Business concerns are affiliates if one concern...
Adjusted Net Worth
Post disaster fair market value of tangible...
GPM%
The measure of every sales dollar left...
Acquisition
The acquiring of supplies or...
Days Payable
A measure of the average time a...
Operating Leases
are deducted on the company’s...
S-Corporation
A form of corporation, allowed by...
Fair and Reasonable Price
A price that is fair to both parties...
Protégé
A firm in a developmental stage that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Mentor
A business, usually large, or...

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