Glossary · People and paperwork
In short
A tax return is a report filed with the government detailing income, expenses, and other tax-related information. Lenders require both personal and business tax returns to verify financial data.
For an SBA 7(a) loan, you'll provide several years of personal and business tax returns. The lender uses these to verify income, expenses, and overall financial performance, often cross-referencing with your Personal Financial Statement and business financial statements.
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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