13 C.F.R. § 120.400

Current through October 31, 2024
Section 120.400 - Loan Guarantee Agreements

SBA may enter into a Loan Guarantee Agreement with a Lender to make deferred participation (guaranteed) loans. Such an agreement does not obligate SBA to participate in any specific proposed loan that a Lender may submit. The existence of a Loan Guarantee Agreement does not limit SBA's rights to deny a specific loan or establish general policies. See also§ 120.440(c) concerning Supplemental Guarantee Agreements.

13 C.F.R. §120.400

61 FR 3235, Jan. 31, 1996, as amended at 82 FR 39503 , Aug. 21, 2017
82 FR 39503 , 9/20/2017