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13 CFR 120.151 - What is the statutory limit for total loans to a Borrower?

§ 120.151 What is the statutory limit for total loans to a Borrower?
The aggregate amount of the SBA portions of all loans to a single Borrower, including the Borrower's affiliates as defined in § 121.103 of this chapter, must not exceed a guaranty amount of $3,750,000, except as otherwise authorized by statute for a specific program. The maximum loan amount for any one 7(a) loan is $5,000,000. The amount of any loan received by an Eligible Passive Company applies to the loan limit of both the Eligible Passive Company and the Operating Company.
[61 FR 3235, Jan. 31, 1996, as amended at 68 FR 51680, Aug. 28, 2003; 76 FR 63546, Oct. 12, 2011]

Title 13 published on 2013-01-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
USC : Title 15 - COMMERCE AND TRADE

§ 634 - General powers

§ 634 note - General powers

§ 636 - Additional powers

§ 650 - Supervisory and enforcement authority for small business lending companies

§ 687 - Operation and regulation of companies

§ 696 - Loans for plant acquisition, construction, conversion and expansion

§ 697 - Development company debentures

Statutes at Large

123 Stat. 115

Title 13 published on 2013-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 13 CFR 120 after this date.

  • 2013-02-25; vol. 78 # 37 - Monday, February 25, 2013
    1. 78 FR 12633 - 504 and 7(a) Loan Programs Updates
      GPO FDSys XML | Text
      SMALL BUSINESS ADMINISTRATION
      Proposed rule.
      SBA must receive comments to this proposed rule on or before April 26, 2013.
      13 CFR Parts 120 and 121