Glossary · People and paperwork
In short
This is the specific term the SBA uses to define an eligible business, based on industry-specific size standards (revenue or employee count). Meeting this definition is crucial for SBA loan eligibility.
Your target business must meet the SBA's "small business concern" size standards, which vary by NAICS code. Lenders verify this during underwriting; failure to meet these standards means the business is ineligible for an SBA 7(a) loan.
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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