SBA SOP 50 10 8, A.Ch3.A.3 — Farm Enterprises
Verbatim text of SBA SOP 50 10 8 section A.Ch3.A.3 (Farm Enterprises), effective 2025-06-01. 2 provision(s) quoted from the SOP PDF. SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.
Verbatim regulatory text
Verbatim provisions from SBA SOP 50 10 8, A.Ch3.A.3 — Farm Enterprises — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
SOP 50 10 8 A.Ch3.A.3
3. Farm Enterprises The purchase of land, buildings, and land improvements (fencing, irrigation systems, construction of dikes, silos, barns, hog and dairy facilities, etc.) as part of an eligible project; Construction, renovation, or improvement (including water systems) of farm buildings other than residences; For 7(a) only: i. The purchase of farm machinery and equipment; ii. The purchase of seed and the acquisition of animals;
SOP 50 10 8 A.Ch3.A.3.iii
iii. Operating expenses directly related to the farming operation, excluding personal or family living expenses; and The refinancing of debt related to the farming operation, excluding personal or family debt, provided the refinancing meets SBA Loan Program Requirements. Note: The acquisition of land in excess of the farming operation’s needs is not an eligible use of proceeds. In addition, the Applicant must not use loan proceeds to purchase vacant or row crop land for possible future use, future construction, or to lease to third parties. Section A, Ch. 3: Uses of Proceeds For example, a concentrated animal feedlot operation (CAFO) that only requires 10 acres of land for its operation (including housing and feeding of the animals, service and access roads, and waste management facilities) may not use SBA-guaranteed loan proceeds to obtain excess farmland that is not used in the operation of the Applicant. If excess land is being acquired at the same time as the SBA Loan, the excess land must be financed from sources other than SBA and the source of the financing must be documented in the loan file.
Operationalizing SBA SOP 50 10 8, A.Ch3.A.3 — Farm Enterprises
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/sba-sop-a-ch3-a-3/
· register sba-sop-a-ch3-a-3 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.