Glossary · Doing the deal
In short
This is the process of releasing the loan funds to the seller, your business, and other parties at closing. It’s the final step that makes the acquisition official.
Your lender manages the disbursing of the 7(a) loan funds according to the SBA Loan Authorization and the schedule of sources and uses. Funds go to the seller for the business, to cover closing costs, and to establish working capital. Ensure all conditions precedent to disbursing are met to avoid delays in closing your deal.
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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