{"ok":true,"canonical_url":"https://dealroom.so/glossary/special-conditions","api_url":"https://dealroom.so/api/public/glossary/special-conditions","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":"special-conditions","term":"Special Conditions","group":"The loan itself","definition":"Additional requirements or stipulations added to your SBA loan authorization by the lender or SBA. These are specific actions you must take or maintain, beyond the standard loan terms.","what_it_means":"These are critical items you must fulfill, often before closing or within a specific timeframe afterward. They can include obtaining specific insurance, securing additional collateral, or demonstrating certain financial metrics. Failure to meet special conditions can jeopardize your loan or trigger a default, so review them carefully.","url":"https://dealroom.so/glossary/special-conditions","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":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"},{"slug":"compliance","term":"Compliance","url":"https://dealroom.so/glossary/compliance"},{"slug":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"}],"related_questions":[{"question":"What are the specific conditions for an acceptable full standby agreement?","url":"https://dealroom.so/for-lenders/questions/what-are-the-specific-conditions-for-an-acceptable-full-standby-agreement"},{"question":"What specific conditions trigger affiliation due to contractual relationships or franchise agreements?","url":"https://dealroom.so/for-lenders/questions/what-specific-conditions-trigger-affiliation-due-to-contractual-relationships-or-franchise"},{"question":"What is required if the $0-down partner buyout conditions are not met?","url":"https://dealroom.so/sba-7a/questions/what-is-required-if-the-0-down-partner-buyout-conditions-are-not-met"},{"question":"Under what conditions can a seller note on full standby be repaid early?","url":"https://dealroom.so/sba-7a/questions/under-what-conditions-can-a-seller-note-on-full-standby-be-repaid-early"},{"question":"Under what specific conditions does the SBA impose a prepayment penalty on 7(a) loans?","url":"https://dealroom.so/sba-7a/questions/under-what-specific-conditions-does-the-sba-impose-a-prepayment-penalty-on-7-a-loans"},{"question":"What specific conditions trigger the requirement for a corporate guaranty in addition to personal guarantees?","url":"https://dealroom.so/for-lenders/questions/what-specific-conditions-trigger-the-requirement-for-a-corporate-guaranty-in-addition-to-p"}]},"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 — Special Conditions","url":"https://dealroom.so/glossary/special-conditions","source_type":"DealRoom Data"}}