Glossary · People and paperwork
In short
This is a payment plan with the IRS for past-due taxes. If the seller or buyer has one, the SBA lender will scrutinize it closely to ensure it's current and doesn't pose a risk to loan repayment capacity.
Both the buyer and seller must be current on all federal taxes. If either has an existing IRS installment agreement, the lender will require proof of timely payments and assess the remaining balance. Significant tax debt or a history of default on these agreements can impact loan eligibility or require full payoff before closing.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
SBA Form 1919 — Borrower Information Form
U.S. Small Business Administration · SBA form
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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