{"ok":true,"canonical_url":"https://dealroom.so/glossary/full-guaranty","api_url":"https://dealroom.so/api/public/glossary/full-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":"full-guaranty","term":"Full guaranty","group":"The loan itself","definition":"This refers to the SBA's promise to reimburse a lender for a specific percentage of a defaulted loan, up to the maximum allowable amount. It's never 100%, despite the name.","what_it_means":"The SBA provides a \"full\" guaranty for a percentage of the loan (e.g., 75% or 85%), meaning they cover that portion for the lender if you default, provided the lender followed all rules. This reduces the lender's risk, making them more willing to lend, but you are still personally responsible for the entire loan amount.","url":"https://dealroom.so/glossary/full-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":"conditional-guaranty","term":"Conditional guaranty","url":"https://dealroom.so/glossary/conditional-guaranty"},{"slug":"sba-guaranty","term":"SBA guaranty","url":"https://dealroom.so/glossary/sba-guaranty"},{"slug":"guaranty","term":"Guaranty","url":"https://dealroom.so/glossary/guaranty"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"}],"related_questions":[{"question":"Do all individuals with an ownership stake of 20% or more need to provide a full personal guaranty?","url":"https://dealroom.so/sba-7a/questions/do-all-individuals-with-an-ownership-stake-of-20-or-more-need-to-provide-a-full-personal-g"},{"question":"What specific lender actions or omissions can lead to a repair of the SBA guaranty, short of a full denial?","url":"https://dealroom.so/for-lenders/questions/what-specific-lender-actions-or-omissions-can-lead-to-a-repair-of-the-sba-guaranty-short-o"},{"question":"What are common causes for a \"repair\" to the SBA guaranty rather than a full denial of the purchase request?","url":"https://dealroom.so/for-lenders/questions/what-are-common-causes-for-a-repair-to-the-sba-guaranty-rather-than-a-full-denial-of-the-p"},{"question":"If I own 15% of the acquiring business, am I still required to provide a full personal guaranty for the SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/if-i-own-15-of-the-acquiring-business-am-i-still-required-to-provide-a-full-personal-guara"},{"question":"What is the process for a lender to request a full release of personal guaranty from a principal for an SBA 7(a) loan post-closing?","url":"https://dealroom.so/for-lenders/questions/what-is-the-process-for-a-lender-to-request-a-full-release-of-personal-guaranty-from-a-pri"},{"question":"What happens if business assets are insufficient for full loan collateral?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-business-assets-are-insufficient-for-full-loan-collateral"}]},"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 — Full guaranty","url":"https://dealroom.so/glossary/full-guaranty","source_type":"DealRoom Data"}}