{"ok":true,"canonical_url":"https://dealroom.so/glossary/exclusionary-period","api_url":"https://dealroom.so/api/public/glossary/exclusionary-period","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":"exclusionary-period","term":"Exclusionary period","group":"People and paperwork","definition":"This is a specific timeframe during which a person is ineligible for an SBA loan due to a past criminal conviction. It's a critical factor in determining your eligibility as a borrower.","what_it_means":"The SBA has rules regarding how recent certain criminal offenses impact loan eligibility. For example, if you've been convicted, pleaded guilty, or no contest to a felony within a certain period (e.g., one year for crimes involving fraud), you're in an exclusionary period and generally ineligible. Always disclose all relevant criminal history on Form 1919 to avoid issues.","url":"https://dealroom.so/glossary/exclusionary-period","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":"sba-form-1919","title":"SBA Form 1919 — Borrower Information Form","official_url":"https://www.sba.gov/document/sba-form-1919-borrower-information-form","official_label":"View on SBA.gov","authority_tier":4,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sba-form-1919"}],"related":[{"slug":"discharged-felony-conviction","term":"Discharged felony conviction","url":"https://dealroom.so/glossary/discharged-felony-conviction"},{"slug":"felony","term":"Felony","url":"https://dealroom.so/glossary/felony"},{"slug":"form-1919","term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"}],"related_questions":[{"question":"Can a lender approve a deferment period without prior SBA approval?","url":"https://dealroom.so/for-lenders/questions/can-a-lender-approve-a-deferment-period-without-prior-sba-approval"},{"question":"What is the typical repayment period for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-typical-repayment-period-for-an-sba-7-a-loan"},{"question":"Can a full standby seller note accrue interest during the standby period?","url":"https://dealroom.so/for-lenders/questions/can-a-full-standby-seller-note-accrue-interest-during-the-standby-period"},{"question":"What is the usual repayment period for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-usual-repayment-period-for-an-sba-7-a-loan"},{"question":"What happens if the acquired business declines significantly during the loan underwriting period?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-the-acquired-business-declines-significantly-during-the-loan-underwriting-"},{"question":"What is the maximum repayment period allowed for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-maximum-repayment-period-allowed-for-an-sba-7-a-loan"}]},"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 — Exclusionary period","url":"https://dealroom.so/glossary/exclusionary-period","source_type":"DealRoom Data"}}