For SBA lenders
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.
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.
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.
Universal Purchase Package (UPP)
SOP 50 57 - 7(a) Loan Servicing and Liquidation
Request to Honor SBA 7(a) Loan Guaranty
Last checked 2026-06-13. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-13 · SBA sources checked through 2026-06-13. DealRoom analysis of public SBA 7(a) lending records (FY2020–present). Grounded in the current SBA rulebook; verify against the official sources above before relying on it for a live deal. Not legal, tax, or financial advice, and not an approval decision.
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