{"ok":true,"canonical_url":"https://dealroom.so/glossary/federally-guaranteed-loan","api_url":"https://dealroom.so/api/public/glossary/federally-guaranteed-loan","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":"federally-guaranteed-loan","term":"Federally Guaranteed Loan","group":"The loan itself","definition":"A loan where a government agency, like the SBA, promises to repay a portion to the lender if the borrower defaults. Buyer cares because this guarantee reduces lender risk, making it easier for small businesses to get loans.","what_it_means":"The SBA 7(a) loan is a federally guaranteed loan, meaning the SBA guarantees up to 75-90% of the loan amount to the lender. This guarantee is why lenders are willing to fund small business acquisitions that might otherwise be too risky, even with less collateral or a lower down payment.","url":"https://dealroom.so/glossary/federally-guaranteed-loan","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":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"sba-guaranty","term":"SBA guaranty","url":"https://dealroom.so/glossary/sba-guaranty"},{"slug":"guaranty","term":"Guaranty","url":"https://dealroom.so/glossary/guaranty"}],"related_questions":[{"question":"What are the lender requirements for pooling and selling the guaranteed portion?","url":"https://dealroom.so/for-lenders/questions/what-are-the-lender-requirements-for-pooling-and-selling-the-guaranteed-portion"},{"question":"If my loan is guaranteed by the SBA, does that mean I don't need collateral?","url":"https://dealroom.so/sba-loans/basics/if-my-loan-is-guaranteed-by-the-sba-does-that-mean-i-don-t-need-collateral"},{"question":"What are the lender requirements for pooling and selling the guaranteed portion of a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-are-the-lender-requirements-for-pooling-and-selling-the-guaranteed-portion-of-a-7-a-l"},{"question":"What specific reporting requirements apply to a 7(a) lender after selling the guaranteed portion of a loan?","url":"https://dealroom.so/for-lenders/questions/what-specific-reporting-requirements-apply-to-a-7-a-lender-after-selling-the-guaranteed-po"},{"question":"What specific representations and warranties must a lender make when selling the guaranteed portion of a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-specific-representations-and-warranties-must-a-lender-make-when-selling-the-guarantee"},{"question":"What are the lender's responsibilities after selling the guaranteed portion of a 7(a) loan on the secondary market?","url":"https://dealroom.so/for-lenders/questions/what-are-the-lender-s-responsibilities-after-selling-the-guaranteed-portion-of-a-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 — Federally Guaranteed Loan","url":"https://dealroom.so/glossary/federally-guaranteed-loan","source_type":"DealRoom Data"}}