Glossary · People and paperwork
In short
The government representative authorized to enter into, administer, or terminate contracts on behalf of the U.S. government. They are the key contact for any business with federal contracts.
If the business you're acquiring relies on government contracts, you'll eventually interact with a Contracting Officer. They oversee contract performance and payments. Your lender may need this officer's acknowledgment for an Assignment of Claims Act filing to secure the loan. Understand who they are and the contract terms.
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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