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Code · CFR · Title 13 — Business Credit and Assistance · Part 120 — Business Loans · § 120.400

§ 120.400. Loan Guarantee Agreements.

80 words·~1 min read·/us/cfr/t13/s§ 120.400·

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SBA may enter into a Loan Guarantee Agreement with a Lender to make deferred participation (guaranteed) loans. Such an agreement does not obligate SBA to participate in any specific proposed loan that a Lender may submit. The existence of a Loan Guarantee Agreement does not limit SBA's rights to deny a specific loan or establish general policies. See also § 120.440(c) concerning Supplemental Guarantee Agreements. \[61 FR 3235, Jan. 31, 1996, as amended at 82 FR 39503, Aug. 21, 2017\]
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§ 120.400
Loan Guarantee Agreements.
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