![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 13 - Business Credit and Assistance |
![]() |
Chapter I - Small Business Administration |
![]() |
Part 120 - Business Loans |
![]() |
Subpart F - Secondary Market |
![]() |
Miscellaneous Provisions |
§ 120.643 - Requirements before the FTA issues Individual Certificates.
Latest version.
-
§ 120.643 Requirements before the FTA issues Individual Certificates.
(a) FTA issuance of initial Certificate. Before the FTA can issue the Individual Certificate for a guaranteed portion of a loan, the original seller must provide the following documents to the FTA:
(1) An executed SPGA;
(2) A copy of the note representing the guaranteed loan; and
(3) Any other documentation which SBA may require.
(b) Review of documentation. SBA may review or require the FTA to review any documentation before the FTA issues a Certificate.