{"ok":true,"canonical_url":"https://dealroom.so/glossary/servicing-action","api_url":"https://dealroom.so/api/public/glossary/servicing-action","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":"servicing-action","term":"Servicing Action","group":"The loan itself","definition":"Any change or modification made to an SBA loan after it's closed, like deferring payments or changing collateral. These require SBA approval, often through E-Tran.","what_it_means":"After your SBA loan closes, the lender performs \"servicing\" activities. If circumstances change (e.g., you need to sell a piece of collateral, or request a temporary payment deferral), the lender must get SBA approval for these \"servicing actions.\" Be aware that significant changes can impact your loan terms or even trigger a review of your loan's compliance.","url":"https://dealroom.so/glossary/servicing-action","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":"servicing","term":"Servicing","url":"https://dealroom.so/glossary/servicing"},{"slug":"guaranty-repair","term":"Guaranty Repair","url":"https://dealroom.so/glossary/guaranty-repair"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"},{"slug":"amended-sba-loan-authorization","term":"Amended SBA Loan Authorization","url":"https://dealroom.so/glossary/amended-sba-loan-authorization"}],"related_questions":[{"question":"What specific actions constitute an 'unapproved material servicing action' that could lead to a 7(a) guaranty repair or denial?","url":"https://dealroom.so/for-lenders/questions/what-specific-actions-constitute-an-unapproved-material-servicing-action-that-could-lead-t"},{"question":"How does an unapproved material servicing action impact the SBA's 7(a) loan guaranty?","url":"https://dealroom.so/for-lenders/questions/how-does-an-unapproved-material-servicing-action-impact-the-sba-s-7-a-loan-guaranty"},{"question":"When can a lender request prior approval from the SBA for a significant servicing action?","url":"https://dealroom.so/for-lenders/questions/when-can-a-lender-request-prior-approval-from-the-sba-for-a-significant-servicing-action"},{"question":"What information must a lender provide to the SBA when requesting prior approval for a significant servicing action?","url":"https://dealroom.so/for-lenders/questions/what-information-must-a-lender-provide-to-the-sba-when-requesting-prior-approval-for-a-sig"},{"question":"What is the impact of an unapproved material servicing action on the SBA's 7(a) loan guaranty?","url":"https://dealroom.so/for-lenders/questions/what-is-the-impact-of-an-unapproved-material-servicing-action-on-the-sba-s-7-a-loan-guaran"},{"question":"What constitutes a 'material change' to collateral that requires prior SBA approval for a 7(a) loan servicing action?","url":"https://dealroom.so/for-lenders/questions/what-constitutes-a-material-change-to-collateral-that-requires-prior-sba-approval-for-a-7-"}]},"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 — Servicing Action","url":"https://dealroom.so/glossary/servicing-action","source_type":"DealRoom Data"}}