Lenders of SearchFunder - is there a good primer on the PG requirements for an SBA loan? I find that it's something not commonly discussed. Please see some questions below:
1) Are there scenarios where the guarantee could be limited or reduced over time, such as meeting certain performance thresholds or milestones?
2) What personal assets are considered part of the guarantee? Are revocable trusts considered part?
3) If my spouse and I have joint assets, but they're not used for the down payment, how are they treated? We live in a community property state FWIW
4) What is the treatment of a house/property for purposes of the SBA PG? What happens if it's bought before or during the loan period?
5) Are there other protections or financial planning strategies that Searchers should consider to mitigate the impact of a PG?
6) Is PG insurance a thing in the US? If so, please send links!
SBA PG Requirements

by a searcher from University of Pennsylvania - The Wharton School
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