{"ok":true,"canonical_url":"https://dealroom.so/glossary/original-principal-balance","api_url":"https://dealroom.so/api/public/glossary/original-principal-balance","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":"original-principal-balance","term":"Original Principal Balance","group":"The loan itself","definition":"This is the initial total amount of money borrowed before any payments are made. It's the starting point for calculating interest and amortization.","what_it_means":"Your Original Principal Balance is the full amount of the loan you received from the lender. This figure is critical for understanding your total debt obligation and how interest accrues over the loan's life. All repayment calculations begin from this amount.","url":"https://dealroom.so/glossary/original-principal-balance","official_sources":[],"related":[{"slug":"principal-and-interest","term":"Principal and interest","url":"https://dealroom.so/glossary/principal-and-interest"},{"slug":"amortization","term":"Amortization","url":"https://dealroom.so/glossary/amortization"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"}],"related_questions":[{"question":"What is the prepayment penalty calculation for a 7(a) loan with a principal balance exceeding $500,000?","url":"https://dealroom.so/for-lenders/questions/what-is-the-prepayment-penalty-calculation-for-a-7-a-loan-with-a-principal-balance-exceedi"},{"question":"Is there a prepayment penalty for early repayment of my SBA 7(a) loan if the principal balance is under $500,000?","url":"https://dealroom.so/sba-7a/questions/is-there-a-prepayment-penalty-for-early-repayment-of-my-sba-7-a-loan-if-the-principal-bala"},{"question":"If I significantly reduce the principal balance of my SBA 7(a) loan within the first three years, will a prepayment penalty apply?","url":"https://dealroom.so/sba-7a/questions/if-i-significantly-reduce-the-principal-balance-of-my-sba-7-a-loan-within-the-first-three-"},{"question":"What is the maximum total outstanding balance for all SBA 7(a) loans to one business?","url":"https://dealroom.so/sba-loans/basics/what-is-the-maximum-total-outstanding-balance-for-all-sba-7-a-loans-to-one-business"},{"question":"Can a personal guaranty be released if the business performs exceptionally well and the loan balance is significantly reduced?","url":"https://dealroom.so/sba-7a/questions/can-a-personal-guaranty-be-released-if-the-business-performs-exceptionally-well-and-the-lo"},{"question":"What happens to an SBA loan if a principal owner or guarantor dies unexpectedly?","url":"https://dealroom.so/sba-7a/questions/what-happens-to-an-sba-loan-if-a-principal-owner-or-guarantor-dies-unexpectedly"}]},"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 — Original Principal Balance","url":"https://dealroom.so/glossary/original-principal-balance","source_type":"DealRoom Data"}}