SBA Form 148L PDF Details

Payment limitation: check only one box.

Demand: Guarantor must pay all amounts owing under this Guarantee when Lender makes written demand upon Guarantor.

Joint liability: All individuals and entities signing as Guarantor are jointly and severally liable.

Liability: Guarantor's liability will continue even if SBA pays Lender.

Signing: By signing below, each individual or entity becomes obligated as Guarantor under this Guarantee.

QuestionAnswer
Form NameSBA Form 148L
Form Length6 pages
Fillable?Yes
Fillable fields43
Avg. time to fill out8 min
EditionRev 06/25
Issuing agencySmall Business Administration
Matches the agency's fileYes, checked October 2, 2026
Other namesSBA Form 148L, SBA 148L, Form 148L, 148L, SBA Form 148, Unconditional Limited Guarantee
Official sourceSBA Form 148L (Rev 06/25), U.S. Small Business Administration