13 CFR 120.1540 - Types of enforcement actions—Intermediaries participating in the Microloan Program and NTAPs.
Upon a determination that any ground set out in § 120.1425 exists, the SBA may take in its discretion, one or more of the following enforcement actions against an Intermediary or NTAP:
(2) Liquidation of Intermediary's Microloan Revolving Fund and Loan Loss Reserve Fund accounts by SBA, and application of the liquidated funds to any outstanding balance owed to SBA;
(5) Debarment of the organization from receipt of federal funds until loan and grant repayments are met; or
[73 FR 75521, Dec. 11, 2008]
Title 13 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 13 CFR Part 120.