The original promissory note is being requested to ensure the debt being refinanced is eligible under the SBA SOPs guidelines. For the debt to be eligible, it should be in the business name, used for only business purposes, and be of an interest rate higher than that of the proposed SBA loan.
You should find this note in your inbox from when you signed the loan terms with your funder. If you are unable to locate the fully executed promissory note, please contact the funder directly. They will be able to provide you with a copy. Be sure to obtain the original financing contract, fully executed by all parties involved.
This document should include:
Loan amount, interest rate, and repayment schedule
Borrower and lender names