{"ok":true,"canonical_url":"https://dealroom.so/glossary/revocable-grantor-trust","api_url":"https://dealroom.so/api/public/glossary/revocable-grantor-trust","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":"revocable-grantor-trust","term":"Revocable grantor trust","group":"People and paperwork","definition":"A legal arrangement where the person who creates the trust (the grantor) can change or cancel it during their lifetime. Assets held in it are still considered owned by the grantor for tax purposes.","what_it_means":"If a seller or a key principal holds business assets or equity in a revocable grantor trust, the SBA treats the grantor as the owner for eligibility and guarantee purposes. The trust document will be reviewed to confirm who the true beneficial owners are and if they need to be guarantors.","url":"https://dealroom.so/glossary/revocable-grantor-trust","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"}],"related":[{"slug":"grantor","term":"Grantor","url":"https://dealroom.so/glossary/grantor"},{"slug":"irrevocable-trust","term":"Irrevocable trust","url":"https://dealroom.so/glossary/irrevocable-trust"},{"slug":"trust-agreement","term":"Trust agreement","url":"https://dealroom.so/glossary/trust-agreement"},{"slug":"beneficial-interest","term":"Beneficial interest","url":"https://dealroom.so/glossary/beneficial-interest"}],"related_questions":[{"question":"For a business owned by a trust, what citizenship and residency requirements apply to the trustee for 7(a) eligibility?","url":"https://dealroom.so/for-lenders/questions/for-a-business-owned-by-a-trust-what-citizenship-and-residency-requirements-apply-to-the-t"},{"question":"Can a business owned by a trust be eligible for a 7(a) loan if the trustee is a foreign national?","url":"https://dealroom.so/for-lenders/questions/can-a-business-owned-by-a-trust-be-eligible-for-a-7-a-loan-if-the-trustee-is-a-foreign-nat"},{"question":"How does the SBA determine affiliation between businesses controlled by a common trust?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-determine-affiliation-between-businesses-controlled-by-a-common-trust"},{"question":"When does common ownership through a trust or estate create affiliation for size purposes?","url":"https://dealroom.so/for-lenders/questions/when-does-common-ownership-through-a-trust-or-estate-create-affiliation-for-size-purposes"},{"question":"Can I use inherited money that is currently in a trust to fund my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-i-use-inherited-money-that-is-currently-in-a-trust-to-fund-my-equity-injection"},{"question":"Can a trust or an estate be an eligible borrower for an SBA 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/can-a-trust-or-an-estate-be-an-eligible-borrower-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 — Revocable grantor trust","url":"https://dealroom.so/glossary/revocable-grantor-trust","source_type":"DealRoom Data"}}