I've read through all the threads i can find and i want to make sure I'm fully understanding. We were always planning to bring 10% equity. I'm currently talking to a seller who is very concerned that with the new SBA rules, they won't get any of the sellers note until after we've fully repaid the SBA. From reading everything here, it sounds like the seller is wrong: as long as we bring 10% down, we can start repaying the seller's note immediately. Is that correct? Thanks!