Glossary · The loan itself
In short
These are the rules set by the Small Business Administration that govern all aspects of 7(a) loans, from borrower eligibility to loan terms and lender procedures. You must meet these to get funding.
Lenders must strictly follow SBA regulations, outlined in 13 CFR Part 120 and SOP 50 10, to ensure their loans are guaranteed. Any deviation can jeopardize your loan approval or the SBA's guaranty. Your lender and advisor will guide you through these requirements.
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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