§ 108.370. Conditional approval.
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/us/cfr/t13/s§ 108.370·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
From among the Applicants submitting eligible and complete applications, SBA will select a number of Applicants and will conditionally approve such selected Applicants to participate in the NMVC program. SBA will give each such Conditionally Approved NMVC Company a specific period of time, not to exceed two years, to satisfy the requirements to become a NMVC Company.