I'm looking at multiple deals with both equity roll overs and earnouts and I'm hoping to structure these through SBA offerings. I'm hoping to get insights from the SBA lenders here

Equity roll overs - Please share any new insights regarding SBA's new development on equity roll overs

Earnout - I hope to utilize the "Earndown" model as a substitute for Earnout (https://www.cobizmag.com/what-is-an-earndown/) and Earndown seems to adhere to SBA guidelines.

Eg: If seller wants $5M and I offer $4M with $1M as earnout, I'm looking to structure this as $1M seller note with 0% interest, and having clauses for principal reduction based on performance metrics.

Will this way of structuring an equivalent of earnout adhere to the SBA guidelines?