{"ok":true,"canonical_url":"https://dealroom.so/glossary/guaranty-purchase-request","api_url":"https://dealroom.so/api/public/glossary/guaranty-purchase-request","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":"guaranty-purchase-request","term":"Guaranty purchase request","group":"The loan itself","definition":"When a lender requests the SBA to buy back the guaranteed portion of a defaulted loan. This happens when the lender has exhausted all recovery efforts.","what_it_means":"If your SBA 7(a) loan defaults and the lender can't recover enough through liquidation, they'll submit a guaranty purchase request to the SBA. This triggers the SBA to pay the lender for its guaranteed percentage, but doesn't relieve you of your debt. The SBA then pursues recovery directly from you.","url":"https://dealroom.so/glossary/guaranty-purchase-request","official_sources":[{"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"},{"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"}],"related":[{"slug":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"},{"slug":"liquidation","term":"Liquidation","url":"https://dealroom.so/glossary/liquidation"},{"slug":"guaranty","term":"Guaranty","url":"https://dealroom.so/glossary/guaranty"},{"slug":"call-of-the-guaranty","term":"Call of the guaranty","url":"https://dealroom.so/glossary/call-of-the-guaranty"}],"related_questions":[{"question":"What documentation is required to request a guaranty purchase using the Universal Purchase Package (UPP)?","url":"https://dealroom.so/for-lenders/questions/what-documentation-is-required-to-request-a-guaranty-purchase-using-the-universal-purchase"},{"question":"What constitutes a \"repair\" to the SBA guaranty during a purchase request?","url":"https://dealroom.so/for-lenders/questions/what-constitutes-a-repair-to-the-sba-guaranty-during-a-purchase-request"},{"question":"How does a lender request an SBA guaranty purchase after loan default?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-request-an-sba-guaranty-purchase-after-loan-default"},{"question":"What documentation is required for a lender to request a guaranty purchase using the Universal Purchase Package (UPP)?","url":"https://dealroom.so/for-lenders/questions/what-documentation-is-required-for-a-lender-to-request-a-guaranty-purchase-using-the-unive"},{"question":"What is the key impact of a 'repair' on an SBA guaranty purchase request?","url":"https://dealroom.so/for-lenders/questions/what-is-the-key-impact-of-a-repair-on-an-sba-guaranty-purchase-request"},{"question":"What impact does a lender's failure to obtain a required personal guaranty have on a guaranty purchase request?","url":"https://dealroom.so/for-lenders/questions/what-impact-does-a-lender-s-failure-to-obtain-a-required-personal-guaranty-have-on-a-guara"}]},"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 — Guaranty purchase request","url":"https://dealroom.so/glossary/guaranty-purchase-request","source_type":"DealRoom Data"}}