{"ok":true,"canonical_url":"https://dealroom.so/glossary/guaranty-repair","api_url":"https://dealroom.so/api/public/glossary/guaranty-repair","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-repair","term":"Guaranty Repair","group":"The loan itself","definition":"When the SBA fixes a lender's mistake in the loan process, allowing the SBA guaranty to remain intact. This protects the lender's exposure and your loan's backing.","what_it_means":"If a lender makes a minor error during loan origination or servicing, they can request a \"guaranty repair\" from the SBA. This is better than a full denial for the lender and ensures the SBA still backs your loan. You, the buyer, generally don't see this directly, but it's part of the lender's compliance process.","url":"https://dealroom.so/glossary/guaranty-repair","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":"guaranty-purchase","term":"Guaranty Purchase","url":"https://dealroom.so/glossary/guaranty-purchase"},{"slug":"guaranty-denial","term":"Guaranty Denial","url":"https://dealroom.so/glossary/guaranty-denial"},{"slug":"servicing-action","term":"Servicing Action","url":"https://dealroom.so/glossary/servicing-action"},{"slug":"sba-guaranty","term":"SBA guaranty","url":"https://dealroom.so/glossary/sba-guaranty"}],"related_questions":[{"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":"What common underwriting errors typically lead to an SBA 7(a) loan guaranty repair?","url":"https://dealroom.so/for-lenders/questions/what-common-underwriting-errors-typically-lead-to-an-sba-7-a-loan-guaranty-repair"},{"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":"Can a lender appeal an SBA decision to repair or deny a guaranty purchase request?","url":"https://dealroom.so/for-lenders/questions/can-a-lender-appeal-an-sba-decision-to-repair-or-deny-a-guaranty-purchase-request"},{"question":"What specific actions or omissions by a lender in liquidation can lead to a guaranty repair?","url":"https://dealroom.so/for-lenders/questions/what-specific-actions-or-omissions-by-a-lender-in-liquidation-can-lead-to-a-guaranty-repai"},{"question":"What specific lender errors typically result in a 'repair' of the 7(a) guaranty during liquidation?","url":"https://dealroom.so/for-lenders/questions/what-specific-lender-errors-typically-result-in-a-repair-of-the-7-a-guaranty-during-liquid"}]},"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 Repair","url":"https://dealroom.so/glossary/guaranty-repair","source_type":"DealRoom Data"}}