{"ok":true,"canonical_url":"https://dealroom.so/glossary/date-of-authorization","api_url":"https://dealroom.so/api/public/glossary/date-of-authorization","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":"date-of-authorization","term":"Date of authorization","group":"The loan itself","definition":"This is the date the SBA officially approves and authorizes your loan. It marks the start of the clock for several important timelines, including the Disbursement deadline.","what_it_means":"Your lender receives the SBA Loan Authorization on this date. It sets the terms, conditions, and deadlines for your specific loan. Pay close attention to this date and all associated requirements, as any changes or extensions often require a formal Amended SBA Loan Authorization.","url":"https://dealroom.so/glossary/date-of-authorization","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":"disbursement-deadline","term":"Disbursement deadline","url":"https://dealroom.so/glossary/disbursement-deadline"},{"slug":"sba-loan-authorization","term":"SBA Loan Authorization","url":"https://dealroom.so/glossary/sba-loan-authorization"},{"slug":"amended-sba-loan-authorization","term":"Amended SBA Loan Authorization","url":"https://dealroom.so/glossary/amended-sba-loan-authorization"},{"slug":"initial-disbursement","term":"Initial disbursement","url":"https://dealroom.so/glossary/initial-disbursement"}],"related_questions":[{"question":"How long is an SBA 7(a) loan authorization typically valid from the E-Tran approval date?","url":"https://dealroom.so/for-lenders/questions/how-long-is-an-sba-7-a-loan-authorization-typically-valid-from-the-e-tran-approval-date"},{"question":"What steps should a lender take if a borrower with a 7(a) loan requests an extension of the loan maturity date?","url":"https://dealroom.so/for-lenders/questions/what-steps-should-a-lender-take-if-a-borrower-with-a-7-a-loan-requests-an-extension-of-the"},{"question":"Does a personal guaranty extend to my personal assets acquired after the loan closing date?","url":"https://dealroom.so/sba-7a/questions/does-a-personal-guaranty-extend-to-my-personal-assets-acquired-after-the-loan-closing-date"},{"question":"What happens if a buyer fails to complete their required equity injection by the closing date?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-a-buyer-fails-to-complete-their-required-equity-injection-by-the-closing-d"},{"question":"What happens if a buyer fails to complete their required cash equity injection by the closing date?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-a-buyer-fails-to-complete-their-required-cash-equity-injection-by-the-clos"},{"question":"What happens if the seller's standby note is not properly subordinated or documented by the closing date?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-the-seller-s-standby-note-is-not-properly-subordinated-or-documented-by-th"}]},"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 — Date of authorization","url":"https://dealroom.so/glossary/date-of-authorization","source_type":"DealRoom Data"}}