Glossary · The loan itself
In short
This is the SBA's process of reviewing a defaulted loan to determine if it will honor its guarantee to the lender. It occurs if the loan goes bad.
If your loan defaults and the lender can't recover their funds, they'll submit a 'guaranty purchase request' to the SBA. The SBA then conducts a thorough review to ensure the lender followed all rules and didn't commit 'servicing deficiencies' before paying out on the guarantee.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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