For SBA lenders
Short answer
The "Request to Honor SBA 7(a) Loan Guaranty" form (SBA Form 1149 is often used to expedite this) serves as the official lender's request to the SBA to purchase the guaranteed portion of a defaulted 7(a) loan.
This form formally initiates the guaranty purchase process, where the lender asks the SBA to fulfill its guarantee obligation. It summarizes key loan information, the default status, and the amount requested for purchase, acting as the cover sheet for the extensive documentation within the UPP.
After liquidating a defaulted loan and incurring a loss, a lender completes the "Request to Honor SBA 7(a) Loan Guaranty" form, attaches it to the UPP, and submits it to the SBA to claim the guaranteed portion of the outstanding balance.
Lenders must ensure this form is accurately completed and supported by all required UPP documentation. Inaccuracies or omissions on this form can cause delays or issues with the guaranty purchase process.
Request to Honor SBA 7(a) Loan Guaranty
Universal Purchase Package (UPP)
SBA Form 1149 - Lender's Transcript of Account
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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