Glossary · The loan itself
In short
This is an SBA form estimating the costs involved if the SBA has to liquidate the collateral for a defaulted loan. It helps determine the potential loss for the SBA.
While you hope never to see this in action, it's part of the SBA's internal process for assessing risk and potential recovery in a default scenario. As a buyer, you won't directly fill this out, but it underpins the lender's collateral analysis and the SBA's guaranty decision.
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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