{"ok":true,"canonical_url":"https://dealroom.so/glossary/outstanding-principal","api_url":"https://dealroom.so/api/public/glossary/outstanding-principal","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":"outstanding-principal","term":"Outstanding principal","group":"The loan itself","definition":"The remaining amount of the original loan balance that still needs to be repaid, not including accrued interest. This is the current remaining balance of your SBA loan.","what_it_means":"Your outstanding principal decreases with each payment that exceeds the interest portion. Knowing this figure helps you track your debt repayment progress and calculate potential prepayment penalties or the cost to pay off the loan early.","url":"https://dealroom.so/glossary/outstanding-principal","official_sources":[],"related":[{"slug":"principal","term":"Principal","url":"https://dealroom.so/glossary/principal"},{"slug":"amortization","term":"Amortization","url":"https://dealroom.so/glossary/amortization"},{"slug":"payment-plan","term":"Payment plan","url":"https://dealroom.so/glossary/payment-plan"},{"slug":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"}],"related_questions":[{"question":"What if the business being acquired has significant outstanding Accounts Receivable (AR)?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-being-acquired-has-significant-outstanding-accounts-receivable-ar"},{"question":"What if a business applicant has outstanding federal tax liens or delinquencies?","url":"https://dealroom.so/for-lenders/questions/what-if-a-business-applicant-has-outstanding-federal-tax-liens-or-delinquencies"},{"question":"What if a borrower has outstanding judgments or liens from non-federal entities?","url":"https://dealroom.so/for-lenders/questions/what-if-a-borrower-has-outstanding-judgments-or-liens-from-non-federal-entities"},{"question":"What happens if a borrower has outstanding judgments or liens from non-federal entities?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-a-borrower-has-outstanding-judgments-or-liens-from-non-federal-entities"},{"question":"What if the business I am acquiring has significant outstanding tax liens or judgments?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-am-acquiring-has-significant-outstanding-tax-liens-or-judgments"},{"question":"What happens if the business being acquired has significant outstanding tax liabilities at closing?","url":"https://dealroom.so/for-lenders/questions/what-happens-if-the-business-being-acquired-has-significant-outstanding-tax-liabilities-at"}]},"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 — Outstanding principal","url":"https://dealroom.so/glossary/outstanding-principal","source_type":"DealRoom Data"}}