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Code · CFR · Title 13 — Business Credit and Assistance · Part 120 — Business Loans · § 120.377

§ 120.377. Use of proceeds.

21 words·~1 min read·/us/cfr/t13/s§ 120.377·

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The loan proceeds shall not be used for debt refinancing. Only a manufacturing concern may use loan proceeds for working capital.
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