{"ok":true,"canonical_url":"https://dealroom.so/glossary/sba-authorization","api_url":"https://dealroom.so/api/public/glossary/sba-authorization","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":"sba-authorization","term":"SBA Authorization","group":"People and paperwork","definition":"This is the official document from the SBA that approves your loan, outlining all the terms, conditions, and requirements. It's the blueprint for your 7(a) loan.","what_it_means":"Your lender gets this after underwriting and SBA approval. Review it carefully with your attorney and lender, as it dictates everything from loan amount and interest rate to collateral requirements and closing conditions. Any deviations need to be addressed before closing.","url":"https://dealroom.so/glossary/sba-authorization","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"},{"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"}],"related":[{"slug":"sba-loan-authorization","term":"SBA Loan Authorization","url":"https://dealroom.so/glossary/sba-loan-authorization"},{"slug":"amended-sba-loan-authorization","term":"Amended SBA Loan Authorization","url":"https://dealroom.so/glossary/amended-sba-loan-authorization"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"underwriting","term":"Underwriting","url":"https://dealroom.so/glossary/underwriting"}],"related_questions":[{"question":"When is an amended SBA loan authorization required after closing?","url":"https://dealroom.so/for-lenders/questions/when-is-an-amended-sba-loan-authorization-required-after-closing"},{"question":"What is an SBA *loan authorization* document, and why is it important?","url":"https://dealroom.so/sba-loans/basics/what-is-an-sba-loan-authorization-document-and-why-is-it-important"},{"question":"What is the average timeframe for a typical SBA 7(a) loan closing after authorization?","url":"https://dealroom.so/sba-7a/questions/what-is-the-average-timeframe-for-a-typical-sba-7-a-loan-closing-after-authorization"},{"question":"How long is an SBA 7(a) loan authorization typically valid from the E-Tran approval date?","url":"https://dealroom.so/for-lenders/questions/how-long-is-an-sba-7-a-loan-authorization-typically-valid-from-the-e-tran-approval-date"},{"question":"Is an additional SBA guaranty fee charged when a 7(a) loan amount is increased post-authorization?","url":"https://dealroom.so/for-lenders/questions/is-an-additional-sba-guaranty-fee-charged-when-a-7-a-loan-amount-is-increased-post-authori"},{"question":"When is an E-Tran modification specifically required for changes in collateral post-authorization?","url":"https://dealroom.so/for-lenders/questions/when-is-an-e-tran-modification-specifically-required-for-changes-in-collateral-post-author"}]},"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 — SBA Authorization","url":"https://dealroom.so/glossary/sba-authorization","source_type":"DealRoom Data"}}