Glossary · People and paperwork
In short
A form completed by the borrower and seller to identify potential environmental risks associated with the business property.
This questionnaire is the first step in assessing environmental concerns for real estate involved in the deal. It asks about past uses, hazardous materials, and known contamination. If red flags arise, it will trigger a more in-depth review like a Phase I Environmental Site Assessment. Complete it thoroughly and honestly.
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.
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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