13 C.F.R. § 120.1713

Current through October 31, 2024
Section 120.1713 - Seller's Pool Loan origination

SBA is entitled to recover from the Seller losses incurred by SBA on its guarantee of a Pool if such losses resulted because Seller's Pool Loan was not made and closed in a commercially reasonable manner, consistent with prudent lending standards, and in accordance with any applicable Program Rules and Regulations.

13 C.F.R. §120.1713