Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 13 - Business Credit and Assistance |
Chapter I - Small Business Administration |
Part 120 - Business Loans |
Subpart D - Lenders |
Preferred Lenders Program (PLP) |
§ 120.450 - What is the Preferred Lenders Program?
Latest version.
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§ 120.450 What is the Preferred Lenders Program?
Under the Preferred Lenders Program (PLP), designated Lenders process, close, service, and liquidate SBA guaranteed loans with reduced requirements for documentation to and prior approval by SBA.