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Code · CFR · Title 13 — Business Credit and Assistance · Part 120 — Business Loans · § 120.202

§ 120.202. Loans for changes of ownership.

39 words·~1 min read·/us/cfr/t13/s§ 120.202·

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A Borrower may use 7(a) loan proceeds to purchase a portion of or the entirety of an owner's interest in a business, or a portion of or the entirety of a business itself. \[88 FR 21086, Apr. 10, 2023\]
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§ 120.202
Loans for changes of ownership.
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