{"ok":true,"canonical_url":"https://dealroom.so/glossary/disbursement-deadline","api_url":"https://dealroom.so/api/public/glossary/disbursement-deadline","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":"disbursement-deadline","term":"Disbursement deadline","group":"The loan itself","definition":"This is the final date by which the lender must disburse all loan funds to you. Missing this deadline means the SBA's guaranty on the loan expires, putting the lender at full risk.","what_it_means":"The SBA Loan Authorization specifies this date, typically 18 months after the Date of authorization. It's critical to close and fund the loan well before this. If you anticipate delays, your lender must request an extension from the SBA in advance, otherwise, the loan authorization can be canceled.","url":"https://dealroom.so/glossary/disbursement-deadline","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":"initial-disbursement","term":"Initial disbursement","url":"https://dealroom.so/glossary/initial-disbursement"},{"slug":"date-of-authorization","term":"Date of authorization","url":"https://dealroom.so/glossary/date-of-authorization"},{"slug":"sba-loan-authorization","term":"SBA Loan Authorization","url":"https://dealroom.so/glossary/sba-loan-authorization"},{"slug":"term-maturity","term":"Term / maturity","url":"https://dealroom.so/glossary/term-maturity"}],"related_questions":[{"question":"After SBA 7(a) loan approval, what's the typical timeframe for closing and disbursement?","url":"https://dealroom.so/sba-7a/questions/after-sba-7-a-loan-approval-what-s-the-typical-timeframe-for-closing-and-disbursement"},{"question":"How does a lender resolve an E-Tran error where the authorized loan amount is incorrect after approval but before disbursement?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-resolve-an-e-tran-error-where-the-authorized-loan-amount-is-incorrect-af"}]},"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 — Disbursement deadline","url":"https://dealroom.so/glossary/disbursement-deadline","source_type":"DealRoom Data"}}