{"ok":true,"canonical_url":"https://dealroom.so/glossary/receipts","api_url":"https://dealroom.so/api/public/glossary/receipts","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":"receipts","term":"Receipts","group":"Reading the business","definition":"For SBA purposes, \"receipts\" refers to the gross income (sales plus other income) of a business over a fiscal year. This figure is used to determine if a business meets the SBA's size standards for eligibility.","what_it_means":"When applying for a 7(a) loan, your target business's average annual receipts must fall within SBA size standards for its industry. Lenders will calculate this average over the prior three fiscal years. Confirm these numbers early, as exceeding the cap means no SBA loan.","url":"https://dealroom.so/glossary/receipts","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"},{"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":"annual-revenue","term":"Annual revenue","url":"https://dealroom.so/glossary/annual-revenue"},{"slug":"size-standard","term":"Size standard","url":"https://dealroom.so/glossary/size-standard"},{"slug":"eligible-industry","term":"Eligible industry","url":"https://dealroom.so/glossary/eligible-industry"},{"slug":"profit-and-loss-statement","term":"Profit and Loss Statement","url":"https://dealroom.so/glossary/profit-and-loss-statement"}],"related_questions":[]},"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 — Receipts","url":"https://dealroom.so/glossary/receipts","source_type":"DealRoom Data"}}