Glossary · The loan itself
In short
This refers to loans that the SBA has officially approved and issued an Authorization for, but which haven't yet been fully disbursed or closed.
Once your loan receives an SBA Loan Authorization, it enters the authorized pipeline. This means the SBA has committed to its guarantee, and the lender is moving towards closing. Keep track of the Authorization's terms and conditions, as any changes might require 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.
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