Glossary · The loan itself
In short
This is the portion of your loan payment that goes to the lender as their fee for letting you borrow money. It's the cost of financing your acquisition.
Every month, your SBA 7(a) loan payment consists of both principal and interest. The interest portion is calculated based on the outstanding principal balance and your variable interest rate. Understand how this changes over the loan term.
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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