Credit Evaluation School Dec 2022

Internal Use Only

Classification Government guaranties are also removed from classification • Small Business Administration (SBA) • Farm Service Agency (FSA) • Some states have loan guaranty programs • Others?

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Internal Use Only

Classification Example: Government Guarantees Excluded

The $200M note is 90% guaranteed by the Small Business Administration. The guaranty is deleted from classification and the remaining $20M is classified Loss.

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Pge 14