Glossary · Doing the deal
In short
An examination of a lender's SBA loans by a third-party or the SBA after the guaranteed portion has been sold to investors. It ensures compliance with SBA rules and proper loan servicing.
After your loan closes, the lender might sell the SBA-guaranteed portion on the secondary market. The audit verifies the loan met all SBA requirements at origination and is being serviced correctly. While it doesn't directly impact your loan terms, it's part of the broader ecosystem of SBA lending.
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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