Glossary · Doing the deal
In short
These are actions taken by a lender regarding an SBA loan that violate SBA regulations or the loan authorization. They can result in the SBA refusing to honor its guaranty.
Post-closing, your lender is responsible for servicing your SBA loan according to SBA rules. If the lender makes unauthorized changes to loan terms, collateral, or other key elements, the SBA could deny the guaranty if the loan defaults. Stick with an experienced PLP lender to minimize this risk.
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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