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.
Negotiation
Contracting through the use of...
Trend Analysis
A comparative analysis of...
Phase 2
Process to be used to determine economic injury for...
Sole Proprietor
an individual who...
Prime Contract
A contract awarded directly...
Guarantor
The legal entity and...
Acquisition
The acquiring of supplies or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Current Assets
A balance sheet item which equals...
Contracting
Purchasing, renting, leasing, or...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Affiliate
Business concerns are affiliates if one concern...
Projection
An estimate of future economic or...

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