Glossary · Doing the deal
In short
A legal claim placed on your property or assets by a state government for unpaid taxes, such as sales tax or state income tax. It grants the state a security interest.
During due diligence, your lender will perform lien searches to uncover any existing state tax liens against the business or its assets. These must be satisfied or subordinated to the SBA lender's lien position before closing. You do not want to inherit these.
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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