PART 120—BUSINESS LOANS
- § 120.1 - Which loan programs does this part cover?
- § 120.2 - Descriptions of the business loan programs.
- § 120.3 - Pilot programs.
- § 120.10 - Definitions.
- § 120.100 - What are the basic eligibility requirements for all applicants for SBA business loans?
- § 120.101 - Credit not available elsewhere.
- § 120.103 - Are farm enterprises eligible?
- § 120.104 - Are businesses financed by SBICs eligible?
- § 120.105 - Special consideration for veterans.
- § 120.110 - What businesses are ineligible for SBA business loans?
- § 120.111 - What conditions must an Eligible Passive Company satisfy?
- § 120.120 - What are eligible uses of proceeds?
- § 120.130 - Restrictions on uses of proceeds.
- § 120.131 - Leasing part of new construction or existing building to another business.
- § 120.140 - What ethical requirements apply to participants?
- § 120.150 - What are SBA's lending criteria?
- § 120.151 - What is the statutory limit for total loans to a Borrower?
- § 120.160 - Loan conditions.
- § 120.170 - Flood insurance.
- § 120.171 - Compliance with child support obligations.
- § 120.172 - Flood-plain and wetlands management.
- § 120.173 - Lead-based paint.
- § 120.174 - Earthquake hazards.
- § 120.175 - Coastal barrier islands.
- § 120.176 - Compliance with other laws.
- § 120.180 - Lender and CDC compliance with Loan Program Requirements.
- § 120.181 - Status of Lenders and CDCs.
- § 120.190 - Where does an applicant apply for a loan?
- § 120.191 - The contents of a business loan application.
- § 120.192 - Approval or denial.
- § 120.193 - Reconsideration after denial.
- § 120.194 - Disclosure of fees.
- § 120.195 - Disclosure of fees.
- § 120.197 - Notifying SBA's Office of Inspector General of suspected fraud.
- § 120.200 - What bonding requirements exist during construction?
- § 120.201 - Refinancing unsecured or undersecured loans.
- § 120.202 - Restrictions on loans for changes in ownership.
- § 120.210 - What percentage of a loan may SBA guarantee?
- § 120.211 - What limits are there on the amounts of direct loans?
- § 120.212 - What limits are there on loan maturities?
- § 120.213 - What fixed interest rates may a Lender charge?
- § 120.214 - What conditions apply for variable interest rates?
- § 120.215 - What interest rates apply to smaller loans?
- § 120.220 - Fees that Lender pays SBA.
- § 120.221 - Fees and expenses which the Lender may collect from a loan applicant or Borrower.
- § 120.222 - Prohibition on sharing premiums for secondary market sales.
- § 120.223 - Subsidy recoupment fee payable to SBA by Borrower.
- § 120.300 - Statutory authority.
- § 120.310 - What assistance is available for the disabled?
- § 120.311 - Definitions.
- § 120.312 - DAL-1 use of proceeds and other program conditions.
- § 120.313 - DAL-2 use of proceeds and other program conditions.
- § 120.314 - Resolving doubts about creditworthiness.
- § 120.315 - Interest rate and loan limit.
- § 120.320 - Policy.
- § 120.330 - Who is eligible for an energy conservation loan?
- § 120.331 - What devices or techniques are eligible for a loan?
- § 120.332 - What are the eligible uses of proceeds?
- § 120.333 - Are there any special credit criteria?
- § 120.340 - What is the Export Working Capital Program?
- § 120.341 - Who is eligible?
- § 120.342 - What are eligible uses of proceeds?
- § 120.343 - Collateral.
- § 120.344 - Unique requirements of the EWCP.
- § 120.345 - Policy.
- § 120.346 - Eligibility.
- § 120.347 - Use of proceeds.
- § 120.348 - Amount of guarantee.
- § 120.349 - Collateral.
- § 120.350 - Policy.
- § 120.351 - Definitions.
- § 120.352 - Use of proceeds.
- § 120.353 - Eligibility.
- § 120.354 - Creditworthiness.
- § 120.360 - Which veterans are eligible?
- § 120.361 - Other conditions of eligibility.
- § 120.370 - Policy.
- § 120.375 - Policy.
- § 120.376 - Special requirements.
- § 120.377 - Use of proceeds.
- § 120.380 - Program.
- § 120.381 - Eligibility.
- § 120.382 - Repayment ability.
- § 120.383 - Restrictions on loan processing.
- § 120.390 - Revolving credit.
- § 120.391 - What is the Builders Loan Program?
- § 120.392 - Who may apply?
- § 120.393 - Are there special application requirements?
- § 120.394 - What are the eligible uses of proceeds?
- § 120.395 - What is SBA's collateral position?
- § 120.396 - What is the term of the loan?
- § 120.397 - Are there any special restrictions?
- § 120.398 - America's Recovery Capital (ARC) Loan Program.
- § 120.400 - Loan Guarantee Agreements.
- § 120.410 - Requirements for all participating Lenders.
- § 120.411 - Preferences.
- § 120.412 - Other services Lenders may provide Borrowers.
- § 120.413 - Advertisement of relationship with SBA.
- § 120.420 - Definitions.
- § 120.421 - Which Lenders may securitize?
- § 120.422 - Are all securitizations subject to this subpart?
- § 120.423 - Which 7(a) loans may a Lender securitize?
- § 120.424 - What are the basic conditions a Lender must meet to securitize?
- § 120.425 - What are the minimum elements that SBA will require before consenting to a securitization?
- § 120.426 - What action will SBA take if a securitizer transfers the subordinated tranche prior to the termination of the holding period?
- § 120.427 - Will SBA approve a securitization application from a capital impaired Securitizer?
- § 120.428 - What happens to a securitizer's other PLP responsibilities if SBA suspends its PLP approval privilege?
- § 120.430 - What conveyances are covered by §§ 120.430 through 120.435?
- § 120.431 - Which Lenders may sell, sell participations in, or pledge 7(a) loans?
- § 120.432 - Under what circumstances does this subpart permit sales of, or sales of participating interests in, 7(a) loans?
- § 120.433 - What are SBA's other requirements for sales and sales of participating interests?
- § 120.434 - What are SBA's requirements for loan pledges?
- § 120.435 - Which loan pledges do not require notice to or consent by SBA?
- § 120.440 - How does a 7(a) Lender obtain delegated authority?
- § 120.441 - What is the Preferred Lenders Program?
- § 120.450 - What is the Preferred Lenders Program?
- § 120.451 - What are the requirements of PLP loan processing?
- § 120.452 - What are the requirements of PLP loan processing?
- § 120.453 - Responsibilities of PLP Lenders for servicing and liquidating 7(a) loans.
- § 120.460 - What are SBA's additional requirements for SBA Supervised Lenders?
- § 120.461 - What are SBA's additional requirements for SBA Supervised Lenders concerning records?
- § 120.462 - What are SBA's additional requirements on capital maintenance for SBA Supervised Lenders?
- § 120.463 - Regulatory accounting—What are SBA's regulatory accounting requirements for SBA Supervised Lenders?
- § 120.464 - Reports to SBA.
- § 120.465 - Civil penalty for late submission of required reports.
- § 120.470 - What are SBA's additional requirements for SBLCs?
- § 120.471 - What are the minimum capital requirements for SBLCs?
- § 120.472 - Higher individual minimum capital requirement.
- § 120.473 - Procedures for determining individual minimum capital requirement.
- § 120.474 - Relation to other actions.
- § 120.475 - Change of ownership or control.
- § 120.476 - Prohibited financing.
- § 120.490 - Audits.
- § 120.520 - Purchase of 7(a) loan guarantees.
- § 120.521 - What interest rate applies after SBA purchases its guaranteed portion?
- § 120.522 - Payment of accrued interest to the Lender or Registered Holder when SBA purchases the guaranteed portion.
- § 120.523 - What is the “earliest uncured payment default”?
- § 120.524 - When is SBA released from liability on its guarantee?
- § 120.530 - Deferment of payment.
- § 120.531 - Extension of maturity.
- § 120.532 - What is a loan Moratorium?
- § 120.535 - Standards for Lender and CDC loan servicing, loan liquidation and debt collection litigation.
- § 120.536 - Servicing and liquidation actions that require the prior written consent of SBA.
- § 120.540 - Liquidation and litigation plans.
- § 120.541 - Time for approval by SBA.
- § 120.542 - Payment by SBA of legal fees and other expenses.
- § 120.545 - What are SBA's policies concerning the liquidation of collateral and the sale of business loans and physical disaster assistance loans, physical disaster business loans and economic injury disaster loans?
- § 120.546 - Loan asset sales.
- § 120.550 - What is homestead protection for farmers?
- § 120.551 - Who is eligible for homestead protection?
- § 120.552 - Lease.
- § 120.553 - Appeal.
- § 120.554 - Conflict of laws.
- § 120.600 - Definitions.
- § 120.601 - SBA Secondary Market.
- § 120.610 - Form and terms of Certificates.
- § 120.611 - Pools backing Pool Certificates.
- § 120.612 - Loans eligible to back Certificates.
- § 120.613 - Secondary Participation Guarantee Agreement.
- § 120.620 - SBA guarantee of a Pool Certificate.
- § 120.621 - SBA guarantee of an Individual Certificate.
- § 120.630 - Qualifications to be a Pool Assembler.
- § 120.631 - Suspension or termination of Pool Assembler.
- § 120.640 - Administration of the Pool and Individual Certificates.
- § 120.641 - Disclosure to purchasers.
- § 120.642 - Requirements before the FTA issues Pool Certificates.
- § 120.643 - Requirements before the FTA issues Individual Certificates.
- § 120.644 - Transfers of Certificates.
- § 120.645 - Redemption of Certificates.
- § 120.650 - Registration duties of FTA in Secondary Market.
- § 120.651 - Claim to FTA by Registered Holder to replace Certificate.
- § 120.652 - FTA fees.
- § 120.660 - Suspension or revocation.
- § 120.700 - What is the Microloan Program?
- § 120.701 - Definitions.
- § 120.702 - Are there limitations on who can be an Intermediary or on where an Intermediary may operate?
- § 120.703 - How does an organization apply to become an Intermediary?
- § 120.704 - How are applications evaluated?
- § 120.705 - What is a Specialized Intermediary?
- § 120.706 - What are the terms and conditions of an SBA loan to an Intermediary?
- § 120.707 - What conditions apply to loans by Intermediaries to Microloan borrowers?
- § 120.708 - What is the Intermediary's financial contribution?
- § 120.709 - What is the Microloan Revolving Fund?
- § 120.710 - What is the Loan Loss Reserve Fund?
- § 120.711 - What rules govern Intermediaries?
- § 120.712 - How does an Intermediary get a grant to assist Microloan borrowers?
- § 120.713 - Does SBA provide technical assistance to Intermediaries?
- § 120.714 - How are grants made to non-lending technical assistance providers (NTAP)?
- § 120.715 - Does SBA guarantee any loans an Intermediary obtains from another source?
- § 120.716 - What is the minimum number of loans an Intermediary must make each Federal fiscal year?
- § 120.800 - The purpose of the 504 program.
- § 120.801 - How a 504 Project is financed.
- § 120.802 - Definitions.
- § 120.810 - Applications for certification as a CDC.
- § 120.812 - Probationary period for newly certified CDCs.
- § 120.816 - CDC non-profit status and good standing.
- § 120.818 - Applicability to existing for-profit CDCs.
- § 120.820 - CDC Affiliation.
- § 120.821 - CDC Area of Operations.
- § 120.823 - CDC Board of Directors.
- § 120.824 - Professional management and staff.
- § 120.825 - Financial ability to operate.
- § 120.826 - Basic requirements for operating a CDC.
- § 120.827 - Other services a CDC may provide to small businesses.
- § 120.828 - Minimum level of 504 loan activity and restrictions on portfolio concentrations.
- § 120.829 - Job Opportunity average a CDC must maintain.
- § 120.830 - Reports a CDC must submit.
- § 120.835 - Application to expand an Area of Operations.
- § 120.837 - SBA decision on application for a new CDC or for an existing CDC to expand Area of Operations.
- § 120.839 - Case-by-case application to make a 504 loan outside of a CDC's Area of Operations.
- § 120.840 - Accredited Lenders Program (ALP).
- § 120.841 - Qualifications for the ALP.
- § 120.845 - Premier Certified Lenders Program (PCLP).
- § 120.846 - Requirements for maintaining and renewing PCLP status.
- § 120.847 - Requirements for the Loan Loss Reserve Fund (LLRF).
- § 120.848 - Requirements for 504 loan processing, closing, servicing, liquidating, and litigating by PCLP CDCs.
- § 120.850 - Expiration of Associate Development Company designation.
- § 120.851 - CDC ethical requirements.
- § 120.852 - Inspector General audits of CDCs.
- § 120.853 - Inspector General audits of CDCs.
- § 120.857 - Voluntary transfer and surrender of CDC certification.
- § 120.860 - Required objectives.
- § 120.861 - Job creation or retention.
- § 120.862 - Other economic development objectives.
- § 120.870 - Leasing Project Property.
- § 120.871 - Leasing part of Project Property to another business.
- § 120.880 - Basic eligibility requirements.
- § 120.881 - Ineligible Projects for 504 loans.
- § 120.882 - Eligible Project costs for 504 loans.
- § 120.883 - Eligible administrative costs for 504 loans.
- § 120.884 - Ineligible costs for 504 loans.
- § 120.890 - Source of interim financing.
- § 120.891 - Certifications of disbursement and completion.
- § 120.892 - Certifications of no adverse change.
- § 120.900 - Sources of permanent financing.
- § 120.910 - Borrower contributions.
- § 120.911 - Land contributions.
- § 120.912 - Borrowed contributions.
- § 120.913 - Limitations on any contributions by a Licensee.
- § 120.920 - Required participation by the Third Party Lender.
- § 120.921 - Terms of Third Party loans.
- § 120.922 - Pre-existing debt on the Project Property.
- § 120.923 - Policies on subordination.
- § 120.925 - Referral fee.
- § 120.926 - Referral fee.
- § 120.930 - Amount.
- § 120.931 - 504 Lending limits.
- § 120.932 - Interest rate.
- § 120.933 - Maturity.
- § 120.934 - Collateral.
- § 120.935 - Deposit from the Borrower that a CDC may require.
- § 120.937 - Assumption.
- § 120.938 - Default.
- § 120.939 - Borrower prohibition.
- § 120.940 - Prepayment of the 504 loan or Debenture.
- § 120.941 - Certificates.
- § 120.950 - SBA and CDC must appoint agents.
- § 120.951 - Selling agent.
- § 120.952 - Fiscal agent.
- § 120.953 - Trustee.
- § 120.954 - Central Servicing Agent.
- § 120.955 - Agent bonds and records.
- § 120.956 - Suspension or revocation of brokers and dealers.
- § 120.960 - Responsibility for closing.
- § 120.961 - Construction escrow accounts.
- § 120.970 - Servicing of 504 loans and Debentures.
- § 120.971 - Allowable fees paid by Borrower.
- § 120.972 - Third Party Lender participation fee and CDC fee.
- § 120.975 - CDC Liquidation of loans and debt collection litigation.
- § 120.990 - 501, 502 and 503 loans.
- § 120.991 - Effect of other laws.
- § 120.1000 - Risk-Based Lender Oversight.
- § 120.1005 - Bureau of PCLP Oversight.
- § 120.1010 - SBA access to SBA Lender, Intermediary, and NTAP files.
- § 120.1015 - Risk Rating System.
- § 120.1025 - Monitoring.
- § 120.1050 - Reviews and examinations.
- § 120.1051 - Frequency of reviews and examinations.
- § 120.1055 - Review and examination results.
- § 120.1060 - Confidentiality of Reports, Risk Ratings and related Confidential Information.
- § 120.1070 - SBA Lender oversight fees.
- § 120.1400 - Grounds for enforcement actions—SBA Lenders.
- § 120.1425 - Grounds for enforcement actions—Intermediaries participating in the Microloan Program and NTAPs.
- § 120.1500 - Types of enforcement actions—SBA Lenders.
- § 120.1510 - Other Regulated SBLCs.
- § 120.1511 - Certification and other reporting and notification requirements for Other Regulated SBLCs.
- § 120.1540 - Types of enforcement actions—Intermediaries participating in the Microloan Program and NTAPs.
- § 120.1600 - General procedures for enforcement actions against SBA Lenders, SBA Supervised Lenders, Other Regulated SBLCs, Management Officials, Other Persons, Intermediaries, and NTAPs.
- § 120.1700 - Definitions used in subpart J.
- § 120.1701 - Program purpose.
- § 120.1702 - Program fee.
- § 120.1703 - Qualifications to be a Pool Originator.
- § 120.1704 - Pool Loans eligible for Pooling.
- § 120.1705 - Pool formation requirements.
- § 120.1706 - Pool Originator's retained interest in Pool.
- § 120.1707 - Seller's retained Loan Interest.
- § 120.1708 - Pool Certificates.
- § 120.1709 - Transfers of Pool Certificates.
- § 120.1710 - Central servicing of the Program.
- § 120.1711 - Suspension or termination of Program participation privileges.
- § 120.1712 - Seller responsibilities with respect to Seller's Pool Loan.
- § 120.1713 - Seller's Pool Loan origination.
- § 120.1714 - Seller's Pool Loan servicing.
- § 120.1715 - Seller's Pool Loan liquidation.
- § 120.1716 - Required SBA approval of servicing actions.
- § 120.1717 - Seller's Pool Loan deferments.
- § 120.1718 - SBA's right to assume Seller's responsibilities.
- § 120.1719 - SBA's right to recover from Seller.
- § 120.1720 - SBA's right to review Pool Loan documents.
- § 120.1721 - SBA's right to investigate.
- § 120.1722 - SBA's offset rights.
- § 120.1723 - Pool Loan receivables received by Seller.
- § 120.1724 - Servicing and liquidation expenses.
- § 120.1725 - No Program Preference by Seller or Pool Originator.
- § 120.1726 - Pool Certificates a Seller cannot purchase.
