Glossary · The loan itself
In short
This is the specific dollar amount approved by the SBA for your 7(a) loan, detailing exactly how much you can borrow. It's stated in the SBA Loan Authorization.
The Authorized Loan Amount is the maximum principal amount the SBA guarantees. It's crucial because it dictates the total funds available for your acquisition and related costs. Any changes require an Amended SBA Loan Authorization, which can delay closing. Ensure the amount covers your total project costs.
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.
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Tell us the business, the price, and where you are — we'll point you to the lenders most likely to approve a 7(a) like yours and flag what trips up approval.
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