{"ok":true,"canonical_url":"https://dealroom.so/for-lenders/questions/what-documentation-must-a-lender-provide-to-the-sba-to-support-a-request-for-a-guaranty-pu","api_url":"https://dealroom.so/api/public/questions/what-documentation-must-a-lender-provide-to-the-sba-to-support-a-request-for-a-guaranty-pu","question":"What documentation must a lender provide to the SBA to support a request for a guaranty purchase due to borrower default?","topic":"Guaranty purchase / UPP","audience":"lender","bot_mode":"lender","short_answer":"A lender must submit a Universal Purchase Package (UPP) including the loan authorization, promissory note, guaranty agreements, collateral documents, servicing records, liquidation efforts, and detailed financial accounting.","rule":"To request guaranty purchase, the lender must submit a complete Universal Purchase Package (UPP). This package includes all critical loan documents from origination (e.g., loan authorization, promissory note, loan agreement, personal and corporate guaranties), all collateral documentation, a full servicing history, detailed records of all liquidation actions taken, and a comprehensive accounting of all funds disbursed and received, along with expenses.","example":"A defaulted 7(a) loan requires a guaranty purchase request. The lender compiles the UPP, including the original loan authorization, signed promissory note, personal guaranties from all owners, UCC filings and real estate deeds of trust, a transcript of account, detailed collection activity logs, and invoices for all liquidation costs.","what_lenders_check":"Lenders must maintain meticulous records throughout the life of the loan. Incomplete or inaccurate documentation in the UPP is a primary cause for delay, repair, or denial of the SBA's guaranty purchase.","required_facts":["Universal Purchase Package (UPP)","Loan authorization","Promissory note","Guaranty agreements","Collateral documents","Servicing records"],"source_families":["Universal Purchase Package (UPP)","SOP 50 57 - 7(a) Loan Servicing and Liquidation","Request to Honor SBA 7(a) Loan Guaranty"],"official_sources":[{"title":"Universal Purchase Package (UPP)","url":"https://www.sba.gov/sites/default/files/2026-05/UPPv5.2.pdf"},{"title":"SOP 50 57 - 7(a) Loan Servicing and Liquidation","url":"https://www.sba.gov/sites/default/files/2025-09/FINAL%20SOP%205057%204%20version.pdf"},{"title":"Request to Honor SBA 7(a) Loan Guaranty","url":"https://www.sba.gov/sites/default/files/2026-01/Request%20to%20Honor%20SBA%207a%20Loan%20Guaranty.pdf"}],"related_questions":[{"question":"What are the most frequent reasons the SBA denies a 7(a) guaranty purchase request due to lender errors during origination?","url":"https://dealroom.so/for-lenders/questions/what-are-the-most-frequent-reasons-the-sba-denies-a-7-a-guaranty-purchase-request-due-to-l"},{"question":"How does a lender properly account for eligible liquidation expenses within the Universal Purchase Package (UPP)?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-properly-account-for-eligible-liquidation-expenses-within-the-universal-"},{"question":"What specific documentation is required in the Universal Purchase Package (UPP) to support a request for guaranty purchase when the borrower has defaulted due to fraud?","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-is-required-in-the-universal-purchase-package-upp-to-support-a"},{"question":"How does a lender process a Universal Purchase Package (UPP) when collateral is still being liquidated?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-process-a-universal-purchase-package-upp-when-collateral-is-still-being-"},{"question":"What specific documentation is required in the Universal Purchase Package (UPP) to support eligible liquidation expenses?","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-is-required-in-the-universal-purchase-package-upp-to-support-e"},{"question":"What is the primary purpose of the Universal Purchase Package (UPP) for lenders?","url":"https://dealroom.so/for-lenders/questions/what-is-the-primary-purpose-of-the-universal-purchase-package-upp-for-lenders"}],"related_terms":[{"term":"Guaranty Request","url":"https://dealroom.so/glossary/guaranty-request"},{"term":"Repair to the guaranty","url":"https://dealroom.so/glossary/repair-to-the-guaranty"},{"term":"Request for Reconsideration","url":"https://dealroom.so/glossary/request-for-reconsideration"},{"term":"Ineligible for SBA Guaranty","url":"https://dealroom.so/glossary/ineligible-for-sba-guaranty"},{"term":"Guaranty purchase request","url":"https://dealroom.so/glossary/guaranty-purchase-request"},{"term":"Lender's Application for Guaranty","url":"https://dealroom.so/glossary/lender-s-application-for-guaranty"}],"related_tools":[{"name":"SBA 7(a) payment & fee calculator","url":"https://dealroom.so/sba-7a/calculator"},{"name":"Find an active SBA 7(a) lender","url":"https://dealroom.so/lenders"}],"data_freshness":{"last_reviewed":"2026-06-13","sba_rule_sources_checked_through":"2026-06-13"},"citation":{"label":"DealRoom.so SBA 7(a) Q&A","url":"https://dealroom.so/for-lenders/questions/what-documentation-must-a-lender-provide-to-the-sba-to-support-a-request-for-a-guaranty-pu","source_type":"DealRoom Q&A"},"caveats":["Grounded in the current SBA rulebook; verify against official sources before relying on it for a live deal.","Not legal, tax, or financial advice and not an approval decision."]}