§ 120.192. Approval or denial.
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/us/cfr/t13/s§ 120.192·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Applicants receive notice of approval or denial by the Lender, CDC, Intermediary, or SBA, as appropriate. Notice of denial will include the reasons. \[61 FR 3235, Jan. 31, 1996, as amended at 88 FR 21899, Apr. 12, 2023\]