Skip to main content

Glossary · Doing the deal

flood hazard determination

In short

A report determining if a property is located in a Special Flood Hazard Area (SFHA) as designated by FEMA. This is a required step for all SBA 7(a) loans.

What it means in a deal

Your lender will order this report early in the closing process. If the determination identifies the property as being in an SFHA, flood insurance will be a mandatory condition for your loan closing. Plan for the potential cost and time involved in securing this insurance.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

SOP 50 10 — Lender and Development Company Loan Programs

U.S. Small Business Administration · SBA Standard Operating Procedure

Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.

Common questions about flood hazard determination

← Browse all glossary terms

Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.

Line up financing while you're under LOI

Tell us the business, the price, and your timeline — we'll match you with lenders who close deals like yours and flag anything that stalls the process.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

Scroll