{"ok":true,"canonical_url":"https://dealroom.so/glossary/statutory-limit","api_url":"https://dealroom.so/api/public/glossary/statutory-limit","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":"statutory-limit","term":"Statutory Limit","group":"The loan itself","definition":"This is the maximum loan amount an SBA 7(a) loan can be, set by law. It means you can't borrow more than this amount through the program.","what_it_means":"The current statutory limit for a 7(a) loan is $5 million. If your total project costs exceed this, you'll need to find alternative financing for the remainder, which might include a larger equity injection, a seller note, or conventional debt for the unfunded portion.","url":"https://dealroom.so/glossary/statutory-limit","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":"total-project-costs","term":"Total project costs","url":"https://dealroom.so/glossary/total-project-costs"},{"slug":"uses-of-proceeds","term":"Uses of Proceeds","url":"https://dealroom.so/glossary/uses-of-proceeds"},{"slug":"seller-note","term":"Seller note","url":"https://dealroom.so/glossary/seller-note"}],"related_questions":[{"question":"Is there a maximum dollar limit for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/is-there-a-maximum-dollar-limit-for-an-sba-7-a-loan"},{"question":"Is there an income limit for my business to be \"small\" by SBA rules?","url":"https://dealroom.so/sba-loans/basics/is-there-an-income-limit-for-my-business-to-be-small-by-sba-rules"},{"question":"Is there an age limit for business owners to get an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/is-there-an-age-limit-for-business-owners-to-get-an-sba-7-a-loan"},{"question":"Does the SBA have a limit on how much goodwill can be financed in a business acquisition?","url":"https://dealroom.so/sba-7a/questions/does-the-sba-have-a-limit-on-how-much-goodwill-can-be-financed-in-a-business-acquisition"},{"question":"Is there a maximum age limit for a business to be eligible for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/is-there-a-maximum-age-limit-for-a-business-to-be-eligible-for-an-sba-7-a-loan"},{"question":"Is there a limit to how much money a business can get from an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/is-there-a-limit-to-how-much-money-a-business-can-get-from-an-sba-7-a-loan"}]},"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 — Statutory Limit","url":"https://dealroom.so/glossary/statutory-limit","source_type":"DealRoom Data"}}