13 C.F.R. § 120.313

Current through September 30, 2024
Section 120.313 - DAL-2 use of proceeds and other program conditions
(a) The DAL-2 loan proceeds may be used for any 7(a) loan purposes.
(b) An applicant may use DAL-2 loan proceeds to acquire an eligible small business without complying with the change of ownership conditions in § 120.202 .
(c) A DAL-2 applicant must submit evidence from a physician, psychiatrist, or other qualified professional as to the permanent nature of the disability and the limitation it places on the applicant.

13 C.F.R. §120.313