SBA SOP 50 10 8.1, C.Ch1.C.15 — Businesses owned by ESOPs

sba-sop81-c-ch1-c-15

Verbatim text of SBA SOP 50 10 8.1 (with Technical Policy Updates) section C.Ch1.C.15 (Businesses owned by ESOPs). Effective 2026-10-01 for applications received by SBA on or after that date; SOP 50 10 8 governs applications submitted through 2026-09-30. 1 provision(s) quoted from SBA's .docx.

This register: .xlsx .csv

See also

SBA lending corpus: SOP 50 10 and the active notices, with the expiry watcher.

Verbatim regulatory text (1)

Verbatim provisions from SBA SOP 50 10 8.1, C.Ch1.C.15 — Businesses owned by ESOPs — 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 8.1 C.Ch1.C.15

Effective 2026-10-01 · publisher's stamp for this provision

15. Businesses owned by ESOPs a. CDCs may make loans to an eligible business owned or controlled by an ESOP or equivalent trust. b. The ESOP must be in compliance with IRS, Treasury, and Department of Labor requirements. Prior to first disbursement, the CDC must obtain documentation that the ESOP or equivalent trust meets the requirements of all applicable IRS, Treasury, and Department of Labor regulations. c. The IRS prohibits ESOPs from guaranteeing a loan; therefore, SBA does not require the ESOP to guarantee the loan. All owners of the Applicant who hold an ownership interest in the small business outside the ESOP are subject to SBA’s guaranty requirements. d. The application cannot be structured as an EPC/OC.

Source: SBA SOP 50 10 8.1, C.Ch1.C.15 — Businesses owned by ESOPs · source URL · snapshot 0fb0c4692cf52938

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Source of record: https://claudeforcompliance.com/regs/sba-sop81-c-ch1-c-15/ · register sba-sop81-c-ch1-c-15 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.