Part 120 - Business Loans  


Subpart A - Policies Applying to All Business Loans
Ineligible Businesses and Eligible Passive Companies
§ 120.110 - What businesses are ineligible for SBA business loans?
§ 120.111 - What conditions must an Eligible Passive Company satisfy?
Credit Criteria for SBA Loans
§ 120.150 - What are SBA's lending criteria?
§ 120.151 - What is the statutory limit for total loans to a Borrower?
§ 120.160 - Loan conditions.
Requirements Imposed Under Other Laws and Orders
§ 120.170 - Flood insurance.
§ 120.171 - Compliance with child support obligations.
§ 120.172 - Flood-plain and wetlands management.
§ 120.173 - Lead-based paint.
§ 120.174 - Earthquake hazards.
§ 120.175 - Coastal barrier islands.
§ 120.176 - Compliance with other laws.
Reporting
§ 120.195 - Disclosure of fees.
§ 120.197 - Notifying SBA's Office of Inspector General of suspected fraud.
Eligibility Requirements
§ 120.100 - What are the basic eligibility requirements for all applicants for SBA business loans?
§ 120.101 - Credit not available elsewhere.
§ 120.102 - [Reserved]
§ 120.103 - Are farm enterprises eligible?
§ 120.104 - Are businesses financed by SBICs eligible?
§ 120.105 - Special consideration for veterans.
Uses of Proceeds
§ 120.120 - What are eligible uses of proceeds?
§ 120.130 - Restrictions on uses of proceeds.
§ 120.131 - Leasing part of new construction or existing building to another business.
Applicability and Enforceability of Loan Program Requirements
§ 120.180 - Compliance with Loan Program Requirements.
§ 120.181 - Status of Lenders and CDCs.
Computerized SBA Forms
§ 120.194 - [Reserved]
Loan Applications
§ 120.190 - Where does an applicant apply for a loan?
§ 120.191 - The contents of a business loan application.
§ 120.192 - Approval or denial.
§ 120.193 - Reconsideration after denial.
Ethical Requirements
§ 120.140 - What ethical requirements apply to participants?
Subpart B - Policies Specific to 7(a) Loans
Maturities; Interest Rates; Loan and Guarantee Amounts
§ 120.210 - What percentage of a loan may SBA guarantee?
§ 120.211 - What limits are there on the amounts of direct loans?
§ 120.212 - What limits are there on loan maturities?
§ 120.213 - What fixed interest rates may a Lender charge?
§ 120.214 - What conditions apply for variable interest rates?
§ 120.215 - What interest rates apply to smaller loans?
Fees for Guaranteed Loans
§ 120.220 - Fees that Lender pays SBA.
§ 120.221 - Fees and expenses that the Lender may collect from a loan applicant or Borrower.
§ 120.222 - Prohibition on sharing premiums for secondary market sales.
§ 120.223 - Subsidy recoupment fee payable to SBA by Borrower.
Limitations on Use of Proceeds
§ 120.201 - Refinancing unsecured or undersecured loans.
§ 120.202 - Loans for changes of ownership.
Bonding Requirements
§ 120.200 - What bonding requirements exist during construction?
Subpart C - Special Purpose Loans
§ 120.300 - Statutory authority.
America'S Recovery Capital (Business Stabilization) Loan Program - Arc Loan Program
§ 120.398 - America's Recovery Capital (ARC) Loan Program.
Builders Loan Program
§ 120.391 - What is the Builders Loan Program?
§ 120.392 - Who may apply?
§ 120.393 - Are there special application requirements?
§ 120.394 - What are the eligible uses of proceeds?
§ 120.395 - What is SBA's collateral position?
§ 120.396 - What is the term of the loan?
§ 120.397 - Are there any special restrictions?
Businesses Owned by Low Income Individuals
§ 120.320 - Policy.
International Trade Loans
§ 120.345 - Policy.
§ 120.346 - Eligibility.
§ 120.347 - Use of proceeds.
§ 120.348 - Amount of guarantee.
§ 120.349 - Collateral.
Qualified Employee Trusts (ESOP)
§ 120.350 - Policy.
§ 120.351 - Definitions.
§ 120.352 - Use of proceeds.
§ 120.353 - Eligibility.
§ 120.354 - Creditworthiness.
Energy Conservation
§ 120.330 - Who is eligible for an energy conservation loan?
§ 120.331 - What devices or techniques are eligible for a loan?
§ 120.332 - What are the eligible uses of proceeds?
§ 120.333 - Are there any special credit criteria?
Disabled Assistance Loan Program (DAL)
§ 120.310 - What assistance is available for the disabled?
§ 120.311 - Definitions.
§ 120.312 - DAL-1 use of proceeds and other program conditions.
§ 120.313 - DAL-2 use of proceeds and other program conditions.
§ 120.314 - Resolving doubts about creditworthiness.
§ 120.315 - Interest rate and loan limit.
Defense Economic Transition Assistance
§ 120.380 - Program.
§ 120.381 - Eligibility.
§ 120.382 - Repayment ability.
§ 120.383 - Restrictions on loan processing.
Caplines Program
§ 120.390 - Revolving credit.
Pollution Control Program
§ 120.370 - Policy.
Veterans Loan Program
§ 120.360 - Which veterans are eligible?
§ 120.361 - Other conditions of eligibility.
America's Recovery Capital (Business Stabilization) Loan Program—ARC Loan Program
Loans to Participants in the 8(a) Program
§ 120.375 - Policy.
§ 120.376 - Special requirements.
§ 120.377 - Use of proceeds.
Export Working Capital Program (EWCP)
§ 120.340 - What is the Export Working Capital Program?
§ 120.341 - Who is eligible?
§ 120.342 - What are eligible uses of proceeds?
§ 120.343 - Collateral.
§ 120.344 - Unique requirements of the EWCP.
Subpart D - Lenders
§ 120.400 - Loan Guarantee Agreements.
Small Business Lending Companies (SBLC)
§ 120.470 - What are SBA's additional requirements for SBLCs?
§ 120.471 - What are the minimum capital requirements for SBLCs?
§ 120.472 - Higher individual minimum capital requirement.
§ 120.473 - Procedures for determining individual minimum capital requirement.
§ 120.474 - Relation to other actions.
§ 120.475 - [Reserved]
§ 120.476 - Prohibited financing.
§ 120.490 - Audits.
Participating Lender Financings
§ 120.420 - Definitions.
§ 120.421 - Which Lenders may securitize?
§ 120.422 - Are all securitizations subject to this subpart?
§ 120.423 - Which 7(a) loans may a Lender securitize?
§ 120.424 - What are the basic conditions a Lender must meet to securitize?
§ 120.425 - What are the minimum elements that SBA will require before consenting to a securitization?
§ 120.426 - What action will SBA take if a securitizer transfers the subordinated tranche prior to the termination of the holding period?
§ 120.427 - Will SBA approve a securitization application from a capital impaired Securitizer?
§ 120.428 - What happens to a securitizer's other PLP responsibilities if SBA suspends its PLP approval privilege?
Other Conveyances
§ 120.430 - What conveyances are covered by §§ 120.430 through 120.435?
§ 120.431 - Which Lenders may sell, sell participations in, or pledge 7(a) loans?
§ 120.432 - Under what circumstances does this subpart permit sales of, or sales of participating interests in, 7(a) loans?
§ 120.433 - What are SBA's other requirements for sales and sales of participating interests?
§ 120.434 - What are SBA's requirements for loan pledges?
§ 120.435 - Which loan pledges do not require notice to or consent by SBA?
Miscellaneous Provisions
§ 120.414 - SBA access to Lender files.
§ 120.415 - Suspension or revocation of eligibility to participate.
SBA Express and Export Express Loan Programs
§ 120.441 - SBA Express and Export Express Loan Programs.
§ 120.442 - Process to obtain or renew SBA Express or Export Express authority.
§ 120.443 - SBA Express and Export Express loan processing requirements.
§ 120.444 - Eligible uses of SBA Express and Export Express loan proceeds.
§ 120.445 - Terms and conditions of SBA Express and Export Express loans.
§ 120.446 - SBA Express and Export Express loan closing, servicing, liquidation, and litigation requirements.
§ 120.447 - Oversight of SBA Express and Export Express Lenders.
Xxx
SBA Supervised Lenders
§ 120.460 - What are SBA's additional requirements for SBA Supervised Lenders?
§ 120.461 - What are SBA's additional requirements for SBA Supervised Lenders concerning records?
§ 120.462 - What are SBA's additional requirements on capital maintenance for SBA Supervised Lenders?
§ 120.463 - Regulatory accounting - What are SBA's regulatory accounting requirements for SBA Supervised Lenders?
§ 120.464 - Reports to SBA.
§ 120.465 - Civil penalty for late submission of required reports.
§ 120.466 - SBA Supervised Lender application.
§ 120.467 - xxx
§ 120.468 - xxx
Certified Lenders Program (CLP)
Delegated Authority Criteria
§ 120.440 - How does a 7(a) Lender obtain delegated authority?
§§ 120.441--120.447 - [Reserved]
Participation Criteria
§ 120.410 - Requirements for all participating Lenders.
§ 120.411 - Preferences.
§ 120.412 - Other services Lenders may provide Borrowers.
§ 120.413 - Advertisement of relationship with SBA.
Preferred Lenders Program (PLP)
§ 120.450 - What is the Preferred Lenders Program?
§ 120.451 - [Reserved]
§ 120.452 - What are the requirements of PLP loan processing?
§ 120.453 - Responsibilities of PLP Lenders for servicing and liquidating 7(a) loans.
§ 120.454 - PLP performance review.
§ 120.455 - Suspension or revocation of PLP status.
Subpart E - Servicing, Liquidation and Debt Collection Litigation of 7(a) and 504 Loans
§ 120.500 - General.
§ 120.510 - Servicing direct and immediate participation loans.
§ 120.511 - Servicing guaranteed loans.
§ 120.512 - Who services the loan after SBA honors its guarantee?
§ 120.513 - What servicing actions require the prior written consent of SBA?
SBA'S Purchase of a Guaranteed Portion
§ 120.520 - Purchase of 7(a) loan guarantees.
§ 120.521 - What interest rate applies after SBA purchases its guaranteed portion?
§ 120.522 - Payment of accrued interest to the Lender or Registered Holder when SBA purchases the guaranteed portion.
§ 120.523 - What is the “earliest uncured payment default”?
§ 120.524 - When is SBA released from liability on its guarantee?
§ 120.530 - Deferment of payment.
§ 120.531 - Extension of maturity.
§ 120.532 - What is a loan Moratorium?
§ 120.535 - Standards for Lender and CDC loan servicing, loan liquidation and debt collection litigation.
§ 120.536 - Servicing and liquidation actions that require the prior written consent of SBA.
§ 120.540 - Liquidation and litigation plans.
§ 120.541 - Time for approval by SBA.
§ 120.542 - Payment by SBA of legal fees and other expenses.
§ 120.545 - What are SBA's policies concerning the liquidation of collateral and the sale of business loans and physical disaster assistance loans, physical disaster business loans and economic injury disaster loans?
§ 120.546 - Loan asset sales.
Homestead Protection for Farmers
§ 120.550 - What is homestead protection for farmers?
§ 120.551 - Who is eligible for homestead protection?
§ 120.552 - Lease.
§ 120.553 - Appeal.
§ 120.554 - Conflict of laws.
Subpart F - Secondary Market
Pool Assemblers
§ 120.630 - Qualifications to be a Pool Assembler.
§ 120.631 - Suspension or termination of Pool Assembler.
Fiscal and Transfer Agent (FTA)
§ 120.600 - Definitions.
§ 120.601 - SBA Secondary Market.
The SBA Guarantee of a Certificate
§ 120.620 - SBA guarantee of a Pool Certificate.
§ 120.621 - SBA guarantee of an Individual Certificate.
Miscellaneous Provisions
§ 120.640 - Administration of the Pool and Individual Certificates.
§ 120.641 - Disclosure to purchasers.
§ 120.642 - Requirements before the FTA issues Pool Certificates.
§ 120.643 - Requirements before the FTA issues Individual Certificates.
§ 120.644 - Transfers of Certificates.
§ 120.645 - Redemption of Certificates.
§ 120.650 - Registration duties of FTA in Secondary Market.
§ 120.651 - Claim to FTA by Registered Holder to replace Certificate.
§ 120.652 - FTA fees.
Certificates
§ 120.610 - Form and terms of Certificates.
§ 120.611 - Pools backing Pool Certificates.
§ 120.612 - Loans eligible to back Certificates.
§ 120.613 - Secondary Participation Guarantee Agreement.
Suspension or Revocation of Participant in Secondary Market
§ 120.660 - Suspension or revocation.
Subpart G - Microloan Program
§ 120.700 - What is the Microloan Program?
§ 120.701 - Definitions.
§ 120.702 - Are there limitations on who can be an Intermediary or on where an Intermediary may operate?
§ 120.703 - How does an organization apply to become an Intermediary?
§ 120.704 - How are applications evaluated?
§ 120.705 - What is a Specialized Intermediary?
§ 120.706 - What are the terms and conditions of an SBA loan to an Intermediary?
§ 120.707 - What conditions apply to loans by Intermediaries to Microloan borrowers?
§ 120.708 - What is the Intermediary's financial contribution?
§ 120.709 - What is the Microloan Revolving Fund?
§ 120.710 - What is the Loan Loss Reserve Fund?
§ 120.711 - What rules govern Intermediaries?
§ 120.712 - How does an Intermediary get a grant to assist Microloan borrowers?
§ 120.713 - Does SBA provide technical assistance to Intermediaries?
§ 120.714 - [Reserved]
§ 120.715 - [Reserved]
§ 120.716 - What is the minimum number of loans an Intermediary must make each Federal fiscal year?
§§ 120.714--120.715 - [Reserved]
Subpart H - Development Company Loan Program (504)
§ 120.800 - [Reserved]
§ 120.801 - How a 504 Project is financed.
§ 120.802 - Definitions.
Fees
§ 120.971 - Allowable fees paid by Borrower.
§ 120.972 - Third Party Lender participation fee and CDC fee.
The Borrower'S Contribution
§ 120.910 - Borrower contributions.
§ 120.911 - Land contributions.
§ 120.912 - Borrowed contributions.
§ 120.913 - Limitations on any contributions by a Licensee.
Third Party Loans
§ 120.920 - Required participation by the Third Party Lender.
§ 120.921 - Terms of Third Party loans.
§ 120.922 - Pre-existing debt on the Project Property.
§ 120.923 - Policies on subordination.
§ 120.924 - Prepayment of subordinate financing.
§ 120.925 - [Reserved]
§ 120.926 - Referral fee.
SBA Enforcement Actions
§ 120.854 - Grounds for taking enforcement action against a CDC.
§ 120.855 - Types of enforcement actions.
§ 120.856 - Enforcement procedures.
Project Economic Development Goals
§ 120.860 - Required objectives.
§ 120.861 - Job creation or retention.
§ 120.862 - Other economic development objectives.
Premier Certified Lenders Program
§ 120.845 - Premier Certified Lenders Program (PCLP).
§ 120.846 - Requirements for maintaining and renewing PCLP status.
§ 120.847 - Requirements for the Loan Loss Reserve Fund (LLRF).
§ 120.848 - Requirements for 504 loan processing, closing, servicing, liquidating, and litigating by PCLP CDCs.
Ethical Requirements
Servicing and Fees
§ 120.973 - Oversight and evaluation of CDCs and ADCs.
Other CDC Requirements
§ 120.851 - CDC ethical requirements.
§ 120.852 - [Reserved]
§ 120.853 - Inspector General audits of CDCs.
§ 120.857 - Voluntary transfer and surrender of CDC certification.
Loan-Making Policies Specific to 504 Loans
§ 120.880 - Basic eligibility requirements.
§ 120.881 - Ineligible Projects for 504 loans.
§ 120.882 - Eligible Project costs for 504 loans.
§ 120.883 - Eligible administrative costs for 504 loans.
§ 120.884 - Ineligible costs for 504 loans.
Servicing
§ 120.970 - Servicing of 504 loans and Debentures.
SBA Oversight
Interim Financing
§ 120.890 - Source of interim financing.
§ 120.891 - Certifications of disbursement and completion.
§ 120.892 - Certifications of no adverse change.
Certification Procedures to Become a CDC
§ 120.810 - Applications for certification as a CDC.
§ 120.811 - Public notice of CDC certification application.
§ 120.812 - Probationary period for newly certified CDCs.
Permanent Financing
§ 120.900 - Sources of permanent financing.
CDC Transfer, Suspension and Revocation
§ 120.980 - Transfer of CDC to ADC status.
§ 120.981 - Voluntary transfer and surrender of CDC certification.
§ 120.982 - Correcting CDC servicing deficiencies.
§ 120.983 - Transfer of CDC servicing to SBA or another CDC.
§ 120.984 - Suspension or revocation of CDC certification.
Extending a CDC'S Area of Operations
§ 120.835 - Application to expand an Area of Operations.
§ 120.836 - Public notice and opportunity for response.
§ 120.837 - SBA decision on application for a new CDC or for an existing CDC to expand Area of Operations.
§ 120.838 - Expiration of existing, temporary expansions.
§ 120.839 - Case-by-case application to make a 504 loan outside of a CDC's Area of Operations.
Requirements for CDC Certification and Operation
§ 120.816 - CDC non-profit status and good standing.
§ 120.818 - Applicability to existing for-profit CDCs.
§ 120.820 - CDC Affiliation.
§ 120.821 - CDC Area of Operations.
§ 120.822 - CDC membership.
§ 120.823 - CDC Board of Directors.
§ 120.824 - Professional management and staff, and contracts for services.
§ 120.825 - Financial ability to operate.
§ 120.826 - Basic requirements for operating a CDC.
§ 120.827 - Other services a CDC may provide to small businesses.
§ 120.828 - Minimum level of 504 loan activity and restrictions on portfolio concentrations.
§ 120.829 - Job Opportunity average a CDC must maintain.
§ 120.830 - Reports a CDC must submit.
Enforceability of 501, 502 and 503 Loans and Other Laws
§ 120.990 - 501, 502 and 503 loans.
§ 120.991 - Effect of other laws.
Associate Development Companies (Adcs)
§ 120.850 - Expiration of Associate Development Company designation.
Leasing Policies Specific to 504 Loans
§ 120.870 - Leasing Project Property.
§ 120.871 - Leasing part of Project Property to another business.
Debenture Sales and Service Agents
§ 120.950 - SBA and CDC must appoint agents.
§ 120.951 - Selling agent.
§ 120.952 - Fiscal agent.
§ 120.953 - Trustee.
§ 120.954 - Central Servicing Agent.
§ 120.955 - Agent bonds and records.
§ 120.956 - Suspension or revocation of brokers and dealers.
Accredited Lenders Program (ALP)
§ 120.840 - Accredited Lenders Program (ALP).
§ 120.841 - Qualifications for the ALP.
§ 120.842 - ALP Express Loans.
Closings
§ 120.960 - Responsibility for closing.
§ 120.961 - Construction escrow accounts.
504 Loans and Debentures
§ 120.930 - Amount.
§ 120.931 - 504 Lending limits.
§ 120.932 - Interest rate.
§ 120.933 - Maturity.
§ 120.934 - Collateral.
§ 120.935 - Deposit from the Borrower that a CDC may require.
§ 120.936 - Subordination to CDC.
§ 120.937 - Assumption.
§ 120.938 - Default.
§ 120.939 - Borrower prohibition.
§ 120.940 - Prepayment of the 504 loan or Debenture.
§ 120.941 - Certificates.
Authority of Cdcs to Perform Liquidation and Debt Collection Litigation
§ 120.975 - CDC Liquidation of loans and debt collection litigation.
Subpart I - Risk-Based Lender Oversight
Enforcement Actions
§ 120.1300 - xxx
§ 120.1400 - Grounds for enforcement actions - SBA Lenders.
§ 120.1425 - Grounds for formal enforcement actions - Intermediaries participating in the Microloan Program.
§ 120.1500 - Types of formal enforcement actions—SBA Lenders.
§ 120.1510 - Other Regulated SBLCs.
§ 120.1511 - Certification and other reporting and notification requirements for Other Regulated SBLCs.
§ 120.1540 - Types of formal enforcement actions - Intermediaries participating in the Microloan Program.
§ 120.1600 - General procedures for formal enforcement actions against SBA Lenders, SBA Supervised Lenders, Other Regulated SBLCs, Management Officials, Other Persons, and Intermediaries.
Supervision
§ 120.1000 - Risk-Based Lender Oversight.
§ 120.1005 - Bureau of PCLP Oversight.
§ 120.1010 - SBA access to SBA Lender and Intermediary files.
§ 120.1015 - Risk Rating System.
§ 120.1025 - Monitoring.
§ 120.1050 - Reviews and examinations.
§ 120.1051 - Frequency of reviews and examinations.
§ 120.1055 - Review and examination results.
§ 120.1060 - Confidentiality of Reports, Risk Ratings and related Confidential Information.
§ 120.1070 - SBA Lender oversight fees.
Subpart J - Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools
§ 120.1700 - Definitions used in subpart J.
§ 120.1701 - Program purpose.
§ 120.1702 - Program fee.
§ 120.1703 - Qualifications to be a Pool Originator.
§ 120.1704 - Pool Loans eligible for Pooling.
§ 120.1705 - Pool formation requirements.
§ 120.1706 - Pool Originator's retained interest in Pool.
§ 120.1707 - Seller's retained Loan Interest.
§ 120.1708 - Pool Certificates.
§ 120.1709 - Transfers of Pool Certificates.
§ 120.1710 - Central servicing of the Program.
§ 120.1711 - Suspension or termination of Program participation privileges.
§ 120.1712 - Seller responsibilities with respect to Seller's Pool Loan.
§ 120.1713 - Seller's Pool Loan origination.
§ 120.1714 - Seller's Pool Loan servicing.
§ 120.1715 - Seller's Pool Loan liquidation.
§ 120.1716 - Required SBA approval of servicing actions.
§ 120.1717 - Seller's Pool Loan deferments.
§ 120.1718 - SBA's right to assume Seller's responsibilities.
§ 120.1719 - SBA's right to recover from Seller.
§ 120.1720 - SBA's right to review Pool Loan documents.
§ 120.1721 - SBA's right to investigate.
§ 120.1722 - SBA's offset rights.
§ 120.1723 - Pool Loan receivables received by Seller.
§ 120.1724 - Servicing and liquidation expenses.
§ 120.1725 - No Program Preference by Seller or Pool Originator.
§ 120.1726 - Pool Certificates a Seller cannot purchase.
Subpart K - Establishment of an SBA Direct Loan Program for Systemically Important Secondary Market Broker-Dealers (SISMBD Loan Program)
§ 120.1800 - Definitions used in subpart K.
§ 120.1801 - Program purpose.
§ 120.1802 - How does a broker-dealer participate in the SISMBD Loan Program?
§ 120.1810 - What is a Systemically Important SBA Secondary Market Broker-Dealer (SISMBD)?
§ 120.1820 - What are the basic eligibility requirements for SBA designation as a Systemically Important Secondary Market Broker-Dealer?
§ 120.1821 - What is the process to obtain designation as a Systemically Important Secondary Market Broker-Dealer?
§ 120.1822 - What is the process to apply for an SISMBD Loan?
§ 120.1823 - Creditworthiness.
§ 120.1824 - How will an SISMBD receive notice of an approval or denial of a loan or request for an advance under an SISMBD Loan?
§ 120.1825 - May an SISMBD request reconsideration after denial?
§ 120.1830 - What are the terms and conditions of an SBA loan to an SISMBD?
§ 120.1831 - Is there a limit to the number of SISMBD Loans or advances that an SISMBD may request from SBA?
§ 120.1832 - What is the minimum and maximum SISMBD Loan advance amount?
§ 120.1833 - May an SISMBD request an increase in the loan amount?
§ 120.1834 - What fees are associated with an SISMBD Loan?
§ 120.1840 - What are the allowable uses of proceeds of an SISMBD Loan?
§ 120.1850 - Will the Collateral be held by SBA?
§ 120.1860 - How will the SISMBD Loan be disbursed?
§ 120.1870 - How does the SISMBD provide funds for the Premium?
§ 120.1880 - How will the loan be repaid?
§ 120.1881 - How are payments on the Collateral allocated between the SISMBD borrower and repayment of the SISMBD Loan?
§ 120.1882 - What happens if funds to make required loan payments are not generated from the Collateral?
§ 120.1890 - What is the maturity on a SISMBD Loan from SBA?
§ 120.1891 - What happens if an SISMBD is ineligible to receive an SISMBD Loan or an advance?
§ 120.1892 - What happens if an SISMBD does not use SISMBD Loan funds for a statutorily mandated purpose?
§ 120.1893 - Data collections and reporting.
§ 120.1900 - When does the Secondary Market Lending Authority Program end?
Definitions
§ 120.10 - Definitions.
General Descriptions of SBA'S Business Loan Programs
§ 120.1 - Which loan programs does this part cover?
§ 120.2 - Descriptions of the business loan programs.
§ 120.3 - Pilot programs.
§ 120.4 - Severability.