Glossary · The loan itself
In short
Specific expenses associated with finalizing your SBA loan and acquisition that can be included in the total loan amount. These reduce your out-of-pocket expenses.
The SBA defines which closing costs are "eligible" to be financed within the 7(a) loan, such as the upfront guaranty fee, packaging fees, environmental reviews, and legal fees. These are distinct from your equity injection. Your lender will provide a detailed breakdown, ensuring compliance with SBA rules.
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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