{"ok":true,"canonical_url":"https://dealroom.so/glossary/delinquent-loan","api_url":"https://dealroom.so/api/public/glossary/delinquent-loan","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":"delinquent-loan","term":"Delinquent loan","group":"The loan itself","definition":"A loan where payments are past due, but not yet in default. A history of delinquent loans on your credit report will severely impact your ability to get an SBA loan.","what_it_means":"Lenders check your personal and business credit report for any delinquent loans. Even minor delinquencies can be a red flag, signaling poor financial management. Address any derogatory marks before applying; explain them if they appear unavoidable.","url":"https://dealroom.so/glossary/delinquent-loan","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":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"},{"slug":"credit-report","term":"Credit report","url":"https://dealroom.so/glossary/credit-report"},{"slug":"derogatory-mark","term":"Derogatory mark","url":"https://dealroom.so/glossary/derogatory-mark"},{"slug":"default-notice","term":"Default notice","url":"https://dealroom.so/glossary/default-notice"}],"related_questions":[{"question":"Can a business owner with delinquent federal debt still be eligible for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/can-a-business-owner-with-delinquent-federal-debt-still-be-eligible-for-a-7-a-loan"},{"question":"What is the impact if a 7(a) loan borrower becomes delinquent on their federal taxes after loan closing?","url":"https://dealroom.so/for-lenders/questions/what-is-the-impact-if-a-7-a-loan-borrower-becomes-delinquent-on-their-federal-taxes-after-"},{"question":"What steps must a lender take if a 7(a) loan becomes delinquent due to the borrower's federal tax liens?","url":"https://dealroom.so/for-lenders/questions/what-steps-must-a-lender-take-if-a-7-a-loan-becomes-delinquent-due-to-the-borrower-s-feder"},{"question":"Are SBA 7(a) loans only for businesses unable to get traditional bank loans?","url":"https://dealroom.so/sba-loans/basics/are-sba-7-a-loans-only-for-businesses-unable-to-get-traditional-bank-loans"},{"question":"What exactly is an SBA 7(a) loan, and who offers these loans?","url":"https://dealroom.so/sba-loans/basics/what-exactly-is-an-sba-7-a-loan-and-who-offers-these-loans"},{"question":"How do SBA 7(a) loan interest rates compare to standard commercial loans?","url":"https://dealroom.so/sba-loans/basics/how-do-sba-7-a-loan-interest-rates-compare-to-standard-commercial-loans"}]},"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 — Delinquent loan","url":"https://dealroom.so/glossary/delinquent-loan","source_type":"DealRoom Data"}}