Fill out all applicable spaces in the information grid at the top of the front page of the Guarantee. SBA Lenders may use this form.This Agreement supplements the Loan Guarantee Agreement, SBA Form 750, and, if applicable, SBA Form 750B (for shortterm loans), between Lender and SBA. This Personal Guaranty is an absolute, unconditional and continuing guaranty of the full and punctual payment and performance of the Borrower's Obligations. SBA Form 148 (Unconditional Guarantee) and SBA Form 148L (Limited Guarantee) are the standard documents for providing a guaranty on an SBA loan. Suffolk University Law School processes all Federal and Graduate PLUS loans through the Federal Direct Loan Program. What Is a Guarantor? In the context of business loans, a guarantor is a person who agrees to repay the loan if the business is unable to do so. This Secondary Participation Guaranty Agreement is a contract that details the terms and conditions of the sale of the guaranteed portion of an SBA loan. A broad range of loans and loan types are available to help students and their families meet the costs of higher education.