Glossary · The loan itself
Date of authorization
In short
This is the date the SBA officially approves and authorizes your loan. It marks the start of the clock for several important timelines, including the Disbursement deadline.
What it means in a deal
Your lender receives the SBA Loan Authorization on this date. It sets the terms, conditions, and deadlines for your specific loan. Pay close attention to this date and all associated requirements, as any changes or extensions often require a formal Amended SBA Loan Authorization.
Official sources
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.
Related terms
Common questions about Date of authorization
- How long is an SBA 7(a) loan authorization typically valid from the E-Tran approval date?
- What steps should a lender take if a borrower with a 7(a) loan requests an extension of the loan maturity date?
- Does a personal guaranty extend to my personal assets acquired after the loan closing date?
- What happens if a buyer fails to complete their required equity injection by the closing date?
- What happens if a buyer fails to complete their required cash equity injection by the closing date?
- What happens if the seller's standby note is not properly subordinated or documented by the closing date?
Defined by CapBench 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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