Glossary · Doing the deal
In short
This is the date when the loan funds are officially released by the lender. It's often the same day as closing, but can vary depending on the deal structure and funding requirements.
The disbursement date is when the funds from your SBA loan are paid out according to the 'Uses of Funds' specified in your SBA Loan Authorization. This typically includes paying the seller, funding working capital, and covering closing costs. Ensure all conditions precedent to funding are met by this date. Any delays can impact the closing timeline and potentially incur additional 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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