Glossary · The loan itself
In short
This is a specific condition or characteristic that makes a borrower or business definitively ineligible for an SBA loan. It's a hard stop in the application process.
The SBA has clear rules on who and what businesses qualify. Common bars include delinquent federal debt, certain business activities, or a history of prior SBA loan defaults. Always review the SBA's eligibility requirements upfront to avoid wasting time.
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.
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