Glossary · The loan itself
In short
These are the rules a borrower and business must meet to qualify for an SBA 7(a) loan. If you or the business don't meet them, you won't get the loan.
Lenders check your personal credit, character, and financial history, plus the business's industry, size, and use of funds. Make sure you understand these upfront to avoid wasting time on deals you can't finance.
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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