Glossary · Doing the deal
In short
A lender's ability to take certain actions regarding an SBA loan without prior SBA approval. This streamlines routine loan administration and speeds up minor adjustments.
Preferred Lender Program (PLP) lenders, for instance, have unilateral servicing authority for many actions like deferments or minor loan modifications. This means they don't need to wait for SBA approval, making post-closing adjustments quicker. Understand what actions your lender can take without SBA sign-off, as it impacts flexibility.
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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