For SBA lenders
Short answer
A discrepancy between the NAICS code in E-Tran and the loan narrative's description of the primary business activity is a significant issue that can lead to E-Tran rejection or an eligibility repair/denial by the SBA.
The NAICS code is crucial for determining size eligibility and whether the business activity is eligible under SBA programs. E-Tran relies on this code. If there is an inconsistency, it indicates potential misrepresentation or error in classifying the business, which must be resolved to ensure eligibility.
A lender submits a loan via E-Tran with NAICS 531110 (Lessors of Residential Buildings and Dwellings), but the loan narrative describes the business as a manufacturing company (e.g., NAICS 332999, All Other Miscellaneous Fabricated Metal Product Manufacturing). This discrepancy would cause E-Tran to flag the application or result in a post-authorization eligibility issue.
SOP 50 10 - Lender and Development Company Loan Programs
13 CFR Part 121 - Small Business Size Regulations
SBA Table of Size Standards
Last checked 2026-06-13. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-13 · SBA sources checked through 2026-06-13. DealRoom analysis of public SBA 7(a) lending records (FY2020–present). Grounded in the current SBA rulebook; verify against the official sources above before relying on it for a live deal. Not legal, tax, or financial advice, and not an approval decision.
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