{"ok":true,"canonical_url":"https://dealroom.so/glossary/sop-50-10","api_url":"https://dealroom.so/api/public/glossary/sop-50-10","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":"sop-50-10","term":"SOP 50 10","group":"The loan itself","definition":"The SBA's rulebook for lenders. The current version (50 10 8) took effect June 1, 2025. When rules change, this is the document that changed.","what_it_means":"SOP 50 10 is the Standard Operating Procedure that translates federal regulations into daily lender instructions — equity injection percentages, standby conditions, franchise directory checks, guarantor rules, and change-of-ownership structures all live here. Lenders underwrite against it. When someone tells you 'the SBA requires X,' the SOP is usually the source. The current version is 50 10 8 (effective June 2025), so check that any guidance you're reading is current.","url":"https://dealroom.so/glossary/sop-50-10","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":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"equity-injection","term":"Equity injection","url":"https://dealroom.so/glossary/equity-injection"},{"slug":"standby","term":"Standby","url":"https://dealroom.so/glossary/standby"},{"slug":"change-of-ownership","term":"Change of ownership","url":"https://dealroom.so/glossary/change-of-ownership"}],"related_questions":[{"question":"How is the business valued when buying out a 50% partner?","url":"https://dealroom.so/sba-7a/questions/how-is-the-business-valued-when-buying-out-a-50-partner"},{"question":"Does the 10% equity injection need to be entirely cash from the buyer?","url":"https://dealroom.so/sba-7a/questions/does-the-10-equity-injection-need-to-be-entirely-cash-from-the-buyer"},{"question":"What expenses are specifically excluded from counting towards the minimum 10% equity injection?","url":"https://dealroom.so/sba-7a/questions/what-expenses-are-specifically-excluded-from-counting-towards-the-minimum-10-equity-inject"},{"question":"What are the minimum collateral requirements for a 7(a) loan over $50,000?","url":"https://dealroom.so/for-lenders/questions/what-are-the-minimum-collateral-requirements-for-a-7-a-loan-over-50-000"},{"question":"Can renovation costs for an acquired business premises count towards my required 10% equity injection?","url":"https://dealroom.so/sba-7a/questions/can-renovation-costs-for-an-acquired-business-premises-count-towards-my-required-10-equity"},{"question":"Can I get a very small loan, like under $50,000, with SBA 7(a)?","url":"https://dealroom.so/sba-loans/basics/can-i-get-a-very-small-loan-like-under-50-000-with-sba-7-a"}]},"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 — SOP 50 10","url":"https://dealroom.so/glossary/sop-50-10","source_type":"DealRoom Data"}}