Glossary · The loan itself
In short
This is the outstanding amount of money you still owe on your loan at any given time. It decreases with each principal payment you make.
Your loan balance directly impacts your monthly principal and interest payments. Understanding how amortization works is key. A higher loan balance means higher payments, affecting your cash flow after debt service. Keep track of your balance to manage your debt effectively.
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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