{"ok":true,"canonical_url":"https://dealroom.so/glossary/flood-hazard-determination","api_url":"https://dealroom.so/api/public/glossary/flood-hazard-determination","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"flood-hazard-determination","term":"flood hazard determination","group":"Doing the deal","definition":"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":"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.","url":"https://dealroom.so/glossary/flood-hazard-determination","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"special-flood-hazard-area","term":"Special Flood Hazard Area","url":"https://dealroom.so/glossary/special-flood-hazard-area"},{"slug":"flood-hazard-area","term":"Flood Hazard Area","url":"https://dealroom.so/glossary/flood-hazard-area"},{"slug":"flood-insurance","term":"flood insurance","url":"https://dealroom.so/glossary/flood-insurance"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"}],"related_questions":[{"question":"What environmental due diligence is required for real estate collateral located in a flood hazard area for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-environmental-due-diligence-is-required-for-real-estate-collateral-located-in-a-flood"},{"question":"What constitutes 'common management' triggering affiliation for SBA 7(a) size determination?","url":"https://dealroom.so/for-lenders/questions/what-constitutes-common-management-triggering-affiliation-for-sba-7-a-size-determination"},{"question":"When does a prior contractual relationship create affiliation for 7(a) size determination?","url":"https://dealroom.so/for-lenders/questions/when-does-a-prior-contractual-relationship-create-affiliation-for-7-a-size-determination"},{"question":"When does identity of interest trigger affiliation for size determination under SBA rules?","url":"https://dealroom.so/for-lenders/questions/when-does-identity-of-interest-trigger-affiliation-for-size-determination-under-sba-rules"},{"question":"How does ownership of options or warrants affect affiliation determination for SBA size standards?","url":"https://dealroom.so/for-lenders/questions/how-does-ownership-of-options-or-warrants-affect-affiliation-determination-for-sba-size-st"},{"question":"How do shared administrative services, like HR or accounting, automatically trigger affiliation for size determination?","url":"https://dealroom.so/for-lenders/questions/how-do-shared-administrative-services-like-hr-or-accounting-automatically-trigger-affiliat"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — flood hazard determination","url":"https://dealroom.so/glossary/flood-hazard-determination","source_type":"DealRoom Data"}}