{"ok":true,"canonical_url":"https://dealroom.so/glossary/lender-s-transcript-of-account","api_url":"https://dealroom.so/api/public/glossary/lender-s-transcript-of-account","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":"lender-s-transcript-of-account","term":"Lender's Transcript of Account","aka":"SBA Form 1149","group":"People and paperwork","definition":"This is a detailed record provided by the lender to the SBA, showing the loan's payment history, outstanding balance, and any charges or credits. It's used to support a guaranty purchase request.","what_it_means":"If your SBA 7(a) loan defaults and the lender requests the SBA to honor its guaranty, they submit the Lender's Transcript of Account. While primarily for the lender and SBA, understanding this form highlights the importance of accurate record-keeping for your loan payments. Any discrepancies could affect the guaranty process.","url":"https://dealroom.so/glossary/lender-s-transcript-of-account","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"}],"related":[{"slug":"outstanding-balance","term":"Outstanding Balance","url":"https://dealroom.so/glossary/outstanding-balance"},{"slug":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"},{"slug":"guaranty-purchase-request","term":"Guaranty purchase request","url":"https://dealroom.so/glossary/guaranty-purchase-request"},{"slug":"servicing","term":"Servicing","url":"https://dealroom.so/glossary/servicing"}],"related_questions":[{"question":"What is the purpose of SBA Form 1149 (Lender's Transcript of Account) in a 7(a) guaranty purchase request?","url":"https://dealroom.so/for-lenders/questions/what-is-the-purpose-of-sba-form-1149-lender-s-transcript-of-account-in-a-7-a-guaranty-purc"},{"question":"What is the primary purpose of the SBA Form 1149 (Lender's Transcript of Account) in the guaranty purchase process?","url":"https://dealroom.so/for-lenders/questions/what-is-the-primary-purpose-of-the-sba-form-1149-lender-s-transcript-of-account-in-the-gua"},{"question":"How does SBA Form 1149 (Lender's Transcript of Account) specifically expedite the processing of a 7(a) guaranty purchase request?","url":"https://dealroom.so/for-lenders/questions/how-does-sba-form-1149-lender-s-transcript-of-account-specifically-expedite-the-processing"},{"question":"How does a lender verify the liquidity of an equity injection from a borrower's investment account?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-verify-the-liquidity-of-an-equity-injection-from-a-borrower-s-investment"},{"question":"How does a lender verify the source and control of borrower's equity injection funds from a newly established business bank account?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-verify-the-source-and-control-of-borrower-s-equity-injection-funds-from-"},{"question":"How does a lender verify equity injection funds from a borrower's investment account holding illiquid assets?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-verify-equity-injection-funds-from-a-borrower-s-investment-account-holdi"}]},"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 — Lender's Transcript of Account","url":"https://dealroom.so/glossary/lender-s-transcript-of-account","source_type":"DealRoom Data"}}