{"ok":true,"canonical_url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-correct-a-material-error-in-the-e-tran-submission-after-receiving-an-aut","api_url":"https://dealroom.so/api/public/questions/how-does-a-lender-correct-a-material-error-in-the-e-tran-submission-after-receiving-an-aut","question":"How does a lender correct a material error in the E-Tran submission after receiving an authorization?","topic":"E-Tran & Authorization","audience":"lender","bot_mode":"lender","short_answer":"A lender must submit an E-Tran modification request to the SBA to correct any material errors in the original submission that were not accurately reflected in the loan authorization.","rule":"If a material error (e.g., incorrect loan amount, use of proceeds, interest rate, or collateral description) is discovered in the E-Tran submission after authorization, the lender cannot unilaterally correct it. An E-Tran modification request is required, explaining the error and providing the correct information for SBA review and approval. Minor, non-material errors might be addressed via a clarifying memo to the file.","example":"An authorized loan has a stated interest rate of Prime + 2.5%, but the lender intended to submit Prime + 2.75%. The lender submits an E-Tran modification, explaining the data entry error and requesting the rate correction, along with supporting documentation for the original intent.","what_lenders_check":"Correcting material errors is crucial to ensure the loan documents match the SBA authorization and to protect the guaranty. Lenders must be proactive in identifying and correcting errors via the proper E-Tran modification process. Failure to do so can lead to a guaranty repair or denial if the loan is not administered as authorized.","required_facts":["Material error","E-Tran modification","SBA authorization","Correction process","Guaranty protection"],"source_families":["SOP 50 10 - Lender and Development Company Loan Programs","Standard 7(a) Authorization File Library","SBA Document Search"],"official_sources":[{"title":"SOP 50 10 - Lender and Development Company Loan Programs","url":"https://www.sba.gov/sites/default/files/2025-05/SOP%2050%2010%208%20Technical%20Updates%20effective%206.1.2025.docx"},{"title":"Standard 7(a) Authorization File Library","url":"https://www.sba.gov/document/support-standard-7a-authorization-file-library"},{"title":"SBA Document Search","url":"https://www.sba.gov/documents"}],"related_questions":[{"question":"What are the consequences if the NAICS code entered into E-Tran differs from the primary business activity in the loan narrative?","url":"https://dealroom.so/for-lenders/questions/what-are-the-consequences-if-the-naics-code-entered-into-e-tran-differs-from-the-primary-b"},{"question":"How does a lender correct a material error in E-Tran after the 7(a) loan has received an SBA authorization?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-correct-a-material-error-in-e-tran-after-the-7-a-loan-has-received-an-sb"},{"question":"What specific data fields on SBA Form 1919 are critical for consistency with E-Tran for a 7(a) application?","url":"https://dealroom.so/for-lenders/questions/what-specific-data-fields-on-sba-form-1919-are-critical-for-consistency-with-e-tran-for-a-"},{"question":"What documentation is required to amend a 7(a) loan authorization for a change in project costs?","url":"https://dealroom.so/for-lenders/questions/what-documentation-is-required-to-amend-a-7-a-loan-authorization-for-a-change-in-project-c"},{"question":"When must a lender obtain an E-Tran modification for changes to a 7(a) loan's terms?","url":"https://dealroom.so/for-lenders/questions/when-must-a-lender-obtain-an-e-tran-modification-for-changes-to-a-7-a-loan-s-terms"},{"question":"What is the primary purpose of the E-Tran system for a 7(a) lender, beyond loan application submission?","url":"https://dealroom.so/for-lenders/questions/what-is-the-primary-purpose-of-the-e-tran-system-for-a-7-a-lender-beyond-loan-application-"}],"related_terms":[{"term":"E-Tran submission","url":"https://dealroom.so/glossary/e-tran-submission"},{"term":"E-Tran Error","url":"https://dealroom.so/glossary/e-tran-error"},{"term":"E-Tran","url":"https://dealroom.so/glossary/e-tran"},{"term":"E-Tran entry","url":"https://dealroom.so/glossary/e-tran-entry"},{"term":"E-Tran modification","url":"https://dealroom.so/glossary/e-tran-modification"},{"term":"E-Tran authorization","url":"https://dealroom.so/glossary/e-tran-authorization"}],"related_tools":[{"name":"SBA 7(a) payment & fee calculator","url":"https://dealroom.so/sba-7a/calculator"},{"name":"Find an active SBA 7(a) lender","url":"https://dealroom.so/lenders"}],"data_freshness":{"last_reviewed":"2026-06-13","sba_rule_sources_checked_through":"2026-06-13"},"citation":{"label":"DealRoom.so SBA 7(a) Q&A","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-correct-a-material-error-in-the-e-tran-submission-after-receiving-an-aut","source_type":"DealRoom Q&A"},"caveats":["Grounded in the current SBA rulebook; verify against official sources before relying on it for a live deal.","Not legal, tax, or financial advice and not an approval decision."]}