Glossary · People and paperwork
In short
The deadline by which your SBA 7(a) loan must be fully disbursed to the seller. Missing this date can cause significant delays or even cancel the deal.
The E-Tran authorization includes an expiration date, typically 90 days from issuance, by which all loan funds must be disbursed. If you anticipate delays in closing due diligence or other aspects, communicate immediately with your lender to request an Amended SBA Loan Authorization.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Know what you'll need before you apply
Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.
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