Glossary · The loan itself
In short
These are specific types of businesses that the SBA will not provide loan guarantees for, regardless of their financial performance. Knowing this upfront is vital to avoid wasting time on unfinanceable deals.
The SBA has a list of ineligible business types, including financial businesses, passive businesses, pyramid schemes, and certain speculative ventures. Always check the NAICS code and business activities against SBA rules to confirm eligibility before committing to a purchase.
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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