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.
Credit Score Test
Part of the home loan CET show a...
Protégé
A firm in a developmental stage that...
Partnering
A mutually beneficial business-to-bus...
Income Statement
Shows the entity’s income and...
Joint Venture
In the SBA Mentor-Protégé Program...
GPM%
The measure of every sales dollar left...
Small Disadvantaged Business Concern
A small business concern that...
Affiliate
Business concerns are affiliates if one concern...
Primary Activity
The major business activity of...
Limited Partnership
A business organization with one or...
Assets
The amount of current assets that is left...
Current Liabilities
A balance sheet item, which...
Mentor
A business, usually large, or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Best and Final Offer
For negotiated procurements...

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