{"ok":true,"canonical_url":"https://dealroom.so/glossary/debarment","api_url":"https://dealroom.so/api/public/glossary/debarment","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":"debarment","term":"Debarment","group":"People and paperwork","definition":"This is a severe penalty where an individual or business is excluded from participating in federal government contracts, loans, or other programs. Being debarred means you cannot obtain an SBA loan.","what_it_means":"The SBA requires all borrowers and key principals to confirm they are not debarred from federal programs. If you or any key person involved in the acquisition is debarred, your SBA loan application will be denied. Ensure thorough checks are performed on all parties involved with the loan application.","url":"https://dealroom.so/glossary/debarment","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":"debarred-from-federal-programs","term":"Debarred from federal programs","url":"https://dealroom.so/glossary/debarred-from-federal-programs"},{"slug":"felony","term":"Felony","url":"https://dealroom.so/glossary/felony"},{"slug":"fraud","term":"Fraud","url":"https://dealroom.so/glossary/fraud"},{"slug":"form-1919","term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"}],"related_questions":[]},"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 — Debarment","url":"https://dealroom.so/glossary/debarment","source_type":"DealRoom Data"}}