{"ok":true,"canonical_url":"https://dealroom.so/glossary/suspension","api_url":"https://dealroom.so/api/public/glossary/suspension","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":"suspension","term":"Suspension","group":"People and paperwork","definition":"Suspension means you're temporarily ineligible for federal programs, including SBA loans. It's a serious red flag that can halt your deal.","what_it_means":"Similar to debarment but often temporary, a suspension indicates a serious issue that makes an individual or business ineligible for federal contracts or loans. The SBA will not approve a loan if any key party or the business is under suspension. Your lender will verify this during underwriting.","url":"https://dealroom.so/glossary/suspension","official_sources":[{"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"},{"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"}],"related":[{"slug":"federal-debarment","term":"Federal debarment","url":"https://dealroom.so/glossary/federal-debarment"},{"slug":"fraud","term":"Fraud","url":"https://dealroom.so/glossary/fraud"},{"slug":"felony","term":"Felony","url":"https://dealroom.so/glossary/felony"},{"slug":"underwriting","term":"Underwriting","url":"https://dealroom.so/glossary/underwriting"}],"related_questions":[]},"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 — Suspension","url":"https://dealroom.so/glossary/suspension","source_type":"DealRoom Data"}}