{"ok":true,"canonical_url":"https://dealroom.so/glossary/sba-loan-authorization","api_url":"https://dealroom.so/api/public/glossary/sba-loan-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-loan-authorization","term":"SBA Loan Authorization","group":"People and paperwork","definition":"This is the official document from the SBA that approves your loan, detailing all the terms, conditions, and requirements. It's your blueprint for closing the deal.","what_it_means":"Issued after the SBA reviews your E-Tran submission, this authorization outlines the loan amount, interest rate, repayment terms, collateral, personal guarantees, and any specific conditions you or the seller must meet before closing. Scrutinize every detail, as it dictates the final structure of your SBA 7(a) loan.","url":"https://dealroom.so/glossary/sba-loan-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":"e-tran-submission","term":"E-Tran submission","url":"https://dealroom.so/glossary/e-tran-submission"},{"slug":"amended-sba-loan-authorization","term":"Amended SBA Loan Authorization","url":"https://dealroom.so/glossary/amended-sba-loan-authorization"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"}],"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":"What is the process for a lender to obtain an SBA loan authorization for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-is-the-process-for-a-lender-to-obtain-an-sba-loan-authorization-for-a-7-a-loan"},{"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"}]},"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 Loan Authorization","url":"https://dealroom.so/glossary/sba-loan-authorization","source_type":"DealRoom Data"}}