Glossary · The loan itself
In short
This is a specific timeframe during which you are allowed to postpone making payments on your loan, typically for principal. Interest usually still accrues during this time.
Your SBA loan may include an initial deferment period, allowing you to delay principal payments for a few months. This can be beneficial for cash flow as you take over the business. Understand when payments will fully begin and how it impacts the total loan term.
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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