Glossary · People and paperwork
In short
This means an individual or entity is prohibited from participating in federal contracts or receiving federal financial assistance due to past misconduct. It's an automatic disqualifier for an SBA loan.
The SBA checks all borrowers and key principals against federal debarment lists. If you or any co-borrower or guarantor are debarred, your loan application will be immediately declined. Verify your status and that of any partners before applying to avoid wasted effort.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
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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