Glossary · People and paperwork
In short
Federal debarment means you're banned from doing business with the government. If the seller or business is debarred, your SBA loan won't close, as it's a federal program.
The SBA checks if you, the seller, or the business itself are debarred from any federal program. This is a red flag for the SBA because it means a past serious infraction, like fraud. Your lender will run checks, and if debarment is found, the deal stops.
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.
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.
Free · No documents · Usually same-day