Glossary · The loan itself
In short
Specific criteria set by the SBA that both the borrower and the business must meet to qualify for a 7(a) loan. Failing any requirement means no loan.
Before applying, confirm that both you and the target business meet all SBA eligibility requirements, including size standards, for-profit status, and not engaging in ineligible activities. Lenders rigorously check these, and any missed detail can lead to a declined application or even a guaranty purchase request denial later.
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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