{"ok":true,"canonical_url":"https://dealroom.so/glossary/loan-estimate","api_url":"https://dealroom.so/api/public/glossary/loan-estimate","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":"loan-estimate","term":"Loan estimate","group":"The loan itself","definition":"A document from the lender outlining the estimated costs, interest rate, and terms of your SBA 7(a) loan. It helps you understand the total expense of financing.","what_it_means":"This is one of the first documents you'll receive after a lender pre-approves your loan. It details not only the interest rate and repayment schedule but also all associated fees, including lender fees, SBA guaranty fee, and third-party costs like appraisals and legal fees. Use it to compare offers from different lenders.","url":"https://dealroom.so/glossary/loan-estimate","official_sources":[],"related":[{"slug":"lender-fees","term":"Lender fees","url":"https://dealroom.so/glossary/lender-fees"},{"slug":"upfront-guaranty-fee","term":"Upfront Guaranty Fee","url":"https://dealroom.so/glossary/upfront-guaranty-fee"},{"slug":"interest-only-payment","term":"Interest-Only Payment","url":"https://dealroom.so/glossary/interest-only-payment"},{"slug":"prepayment-penalty","term":"Prepayment penalty","url":"https://dealroom.so/glossary/prepayment-penalty"}],"related_questions":[{"question":"Does an SBA loan have better terms than a regular bank loan?","url":"https://dealroom.so/sba-loans/basics/does-an-sba-loan-have-better-terms-than-a-regular-bank-loan"},{"question":"What is the minimum loan amount for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-minimum-loan-amount-for-an-sba-7-a-loan"},{"question":"What is the maximum loan amount for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-maximum-loan-amount-for-an-sba-7-a-loan"},{"question":"Is there a typical average loan size for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/is-there-a-typical-average-loan-size-for-an-sba-7-a-loan"},{"question":"How is the maximum loan amount for an SBA 7(a) loan determined?","url":"https://dealroom.so/sba-loans/basics/how-is-the-maximum-loan-amount-for-an-sba-7-a-loan-determined"},{"question":"Is there a minimum loan amount for an SBA 7(a) loan program?","url":"https://dealroom.so/sba-loans/basics/is-there-a-minimum-loan-amount-for-an-sba-7-a-loan-program"}]},"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 — Loan estimate","url":"https://dealroom.so/glossary/loan-estimate","source_type":"DealRoom Data"}}