The 7(a) loan program is SBA's primary business loan program for providing financial assistance to small businesses. We'll be jumping into how you should be communicating with your borrower when you agree to enter into a forbearance agreement.Lenders should consider entering into a forbearance agreement when liquidating SBA guaranteed loans. The company needs to prove it requires assistance, but it also needs to demonstrate that it is still a viable business capable of repayment. Discover how to navigate financial challenges with a forbearance agreement. Lender agrees to excuse payments that would ordinarily be due to it between. Existing borrowers may be eligible for PPP loan forgiveness. Banks have the ability to defer SBA guaranteed loans under their unilateral authority. The decision to defer is ultimately up to the bank. Military reservist loan.