Glossary · The loan itself
In short
A structured agreement to repay a debt over time, typically in regular installments. For your SBA loan, this outlines your monthly principal and interest obligations.
Your SBA loan will have a fixed payment plan detailed in the loan agreement, showing the principal and interest due each period. Understand the amortization schedule and how prepayments might affect your overall interest paid.
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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