Glossary · The loan itself
In short
A non-delegated loan means the SBA itself must review and approve your loan application, not just the lender. This process takes longer than with a delegated lender.
If your loan application has specific complexities or exceeds certain thresholds, the SBA may require a full review, even from a Preferred Lender. This adds weeks to the approval timeline, so factor this into your deal schedule. Your lender will guide you if your deal falls into this category.
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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