Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 13 - Business Credit and Assistance |
Chapter I - Small Business Administration |
Part 120 - Business Loans |
Subpart A - Policies Applying to All Business Loans |
Loan Applications |
§ 120.192 - Approval or denial.
Latest version.
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§ 120.192 Approval or denial.
Applicants receive notice of approval or denial by the Lender, CDC, Intermediary, or SBA, as appropriate. Notice of denial will include the reasons. If a loan is approved, an Authorization will be issued.
[61 FR 3235, Jan. 31, 1996, as amended at 88 FR 21899, Apr. 12, 2023]