Glossary · People and paperwork
In short
A form you complete for the lender to identify potential environmental risks associated with the business property. It's an initial screen for contamination or hazardous materials.
This questionnaire helps the lender determine if a Phase I or Phase II Environmental Site Assessment is needed. Be honest and thorough; omissions can lead to bigger problems later, including potential liability for environmental cleanup.
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.
Free · No documents · Usually same-day