When calculating if an SBA deal meets the 1.25x DSCR requirement, how do you account for a seller note?

• How does it work if the principal is due as a bullet payment at maturity, but there’s cash interest in the interim? • What if the interest is PIK (paid-in-kind) and the principal is a bullet payment? • How do you handle a structure with 2 years of no payments (interest and/or amortization), followed by 3 years of amortization and/or cash interest?


Also what are the most common scenarios?

Thank you!