{"ok":true,"canonical_url":"https://dealroom.so/glossary/environmental-permit","api_url":"https://dealroom.so/api/public/glossary/environmental-permit","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":"environmental-permit","term":"Environmental permit","group":"Reading the business","definition":"An environmental permit is official permission from a government agency to operate a business activity that might impact the environment. Buyers must confirm all necessary permits are current and transferable to avoid legal issues and operational disruptions.","what_it_means":"During due diligence, check if the target business requires specific environmental permits for its operations, like waste disposal or air emissions. Verify their status and ensure they can be transferred to you post-acquisition. A Phase I Environmental Site Assessment often uncovers these.","url":"https://dealroom.so/glossary/environmental-permit","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"}],"related":[{"slug":"phase-i-environmental-site-assessment","term":"Phase I Environmental Site Assessment","url":"https://dealroom.so/glossary/phase-i-environmental-site-assessment"},{"slug":"phase-ii-environmental-site-assessment","term":"Phase II Environmental Site Assessment","url":"https://dealroom.so/glossary/phase-ii-environmental-site-assessment"},{"slug":"environmental-consultant","term":"Environmental consultant","url":"https://dealroom.so/glossary/environmental-consultant"},{"slug":"compliance","term":"Compliance","url":"https://dealroom.so/glossary/compliance"}],"related_questions":[{"question":"When is a lender permitted to waive environmental due diligence requirements for real estate collateral?","url":"https://dealroom.so/for-lenders/questions/when-is-a-lender-permitted-to-waive-environmental-due-diligence-requirements-for-real-esta"},{"question":"Does the SBA permit a seller to retain a minority ownership stake while holding a standby note?","url":"https://dealroom.so/sba-7a/questions/does-the-sba-permit-a-seller-to-retain-a-minority-ownership-stake-while-holding-a-standby-"},{"question":"When can a lender permit a partial standby seller note if the total equity injection exceeds minimum requirements?","url":"https://dealroom.so/for-lenders/questions/when-can-a-lender-permit-a-partial-standby-seller-note-if-the-total-equity-injection-excee"},{"question":"When does the SBA permit a 7(a) loan to finance a partial buyout where the seller retains a significant ownership stake?","url":"https://dealroom.so/for-lenders/questions/when-does-the-sba-permit-a-7-a-loan-to-finance-a-partial-buyout-where-the-seller-retains-a"},{"question":"When a Phase I Environmental Site Assessment (ESA) identifies a Recognized Environmental Condition (REC), what are the lender's subsequent responsibilities?","url":"https://dealroom.so/for-lenders/questions/when-a-phase-i-environmental-site-assessment-esa-identifies-a-recognized-environmental-con"},{"question":"If a Phase I Environmental Site Assessment (ESA) identifies Recognized Environmental Conditions (RECs), what are the next steps for a lender?","url":"https://dealroom.so/for-lenders/questions/if-a-phase-i-environmental-site-assessment-esa-identifies-recognized-environmental-conditi"}]},"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 — Environmental permit","url":"https://dealroom.so/glossary/environmental-permit","source_type":"DealRoom Data"}}