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Glossary · The loan itself

Eligible Use of Proceeds

In short

The specific purposes for which an SBA 7(a) loan can be used, as defined by SBA rules. This includes business acquisition, working capital, real estate, and equipment.

What it means in a deal

Your lender must ensure all funds from your 7(a) loan are applied to eligible uses. For an acquisition, this typically covers the purchase price, working capital, equipment, and sometimes real estate. Non-eligible uses, like speculative investments or personal expenses, will cause your loan to be denied.

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.

Common questions about Eligible Use of Proceeds

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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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