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.
Hardship Waiver
Method used to approve a...
Working Capital (WC)
The amount of current assets that...
Primary Activity
The major business activity of...
GPM%
The measure of every sales dollar left...
Contracting Officer
A person with the authority to...
Business Activity
The business (or loss) activity of...
Defense Contractor
Any person who enters into...
Lien
A legal claim against an...
Trend Analysis
A comparative analysis of...
Partnership
A type of unincorporated business org...
Affiliated Group
When two or more...
Affiliates
Business concerns, organizations, or...
Negotiation
Contracting through the use of...
Sole Proprietor
an individual who...
Adjusted Net Worth
Post disaster fair market value of tangible...

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