Glossary · People and paperwork
In short
A government or non-profit organization focused on promoting economic growth and job creation in a specific area. They sometimes offer local incentives or resources.
While not directly involved in your SBA loan, an EDA might offer grants, tax incentives, or local assistance that could benefit your acquired business. Research local agencies for potential post-acquisition support.
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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