For SBA lenders
Short answer
The UPP must include detailed invoices, receipts, and proof of payment for all claimed liquidation expenses, such as legal fees, appraisal costs, and environmental assessments, along with a summary of expenses.
When submitting a UPP, lenders seek reimbursement for eligible liquidation expenses. The SBA requires thorough documentation to verify these costs were reasonable, necessary, and actually incurred. Invoices must clearly detail services rendered, and payments must be evidenced.
A lender includes in the UPP a legal invoice for $5,000 for foreclosure proceedings, an appraisal invoice for $2,500, and an environmental report invoice for $1,500. Each invoice is accompanied by a bank statement showing the corresponding payment.
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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