Glossary · The loan itself
In short
Any change or modification made to an SBA loan after it's closed, like deferring payments or changing collateral. These require SBA approval, often through E-Tran.
After your SBA loan closes, the lender performs "servicing" activities. If circumstances change (e.g., you need to sell a piece of collateral, or request a temporary payment deferral), the lender must get SBA approval for these "servicing actions." Be aware that significant changes can impact your loan terms or even trigger a review of your loan's compliance.
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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