{"ok":true,"canonical_url":"https://dealroom.so/glossary/call-on-the-guaranty","api_url":"https://dealroom.so/api/public/glossary/call-on-the-guaranty","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"call-on-the-guaranty","term":"Call on the guaranty","group":"The loan itself","definition":"This is when a lender requests the SBA to honor its promise to pay a portion of a defaulted 7(a) loan. It means the loan has failed, and the SBA is stepping in to cover the guaranteed percentage.","what_it_means":"If an SBA 7(a) loan defaults and the lender's liquidation efforts don't recover the full amount, the lender \"calls on the guaranty\" with the SBA. The SBA then pays the lender the guaranteed percentage of the outstanding balance. As the buyer, you still owe the full amount, and the SBA will pursue collection if the lender couldn't.","url":"https://dealroom.so/glossary/call-on-the-guaranty","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"},{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"personal-guarantee","term":"Personal guarantee","url":"https://dealroom.so/glossary/personal-guarantee"},{"slug":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"},{"slug":"liquidation-plan","term":"Liquidation Plan","url":"https://dealroom.so/glossary/liquidation-plan"},{"slug":"sba-guaranty","term":"SBA guaranty","url":"https://dealroom.so/glossary/sba-guaranty"}],"related_questions":[{"question":"What is the purpose of the SBA guaranty fee on my loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-purpose-of-the-sba-guaranty-fee-on-my-loan"},{"question":"What is the impact on the SBA guaranty if a lender failed to obtain a required personal guaranty from a principal?","url":"https://dealroom.so/for-lenders/questions/what-is-the-impact-on-the-sba-guaranty-if-a-lender-failed-to-obtain-a-required-personal-gu"},{"question":"What impact does a co-signer on my personal guaranty have on the SBA 7(a) loan approval?","url":"https://dealroom.so/sba-7a/questions/what-impact-does-a-co-signer-on-my-personal-guaranty-have-on-the-sba-7-a-loan-approval"},{"question":"Who ultimately benefits from the SBA's guaranty on a 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/who-ultimately-benefits-from-the-sba-s-guaranty-on-a-7-a-loan"},{"question":"What is the primary purpose of the personal guaranty on an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/what-is-the-primary-purpose-of-the-personal-guaranty-on-an-sba-7-a-loan"},{"question":"What is the \"SBA guaranty fee\" I pay on an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/what-is-the-sba-guaranty-fee-i-pay-on-an-sba-7-a-loan"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Call on the guaranty","url":"https://dealroom.so/glossary/call-on-the-guaranty","source_type":"DealRoom Data"}}