Glossary · The loan itself
In short
Private clubs that restrict membership based on criteria other than capacity are ineligible for SBA 7(a) loans. The SBA requires broad access for businesses it funds.
If the target business is a private club that has discriminatory membership policies (e.g., based on race, religion, gender), it will not qualify for an SBA loan. This is a critical eligibility check for any club or association you consider buying.
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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