13 CFR 120.1824 - How will an SISMBD receive notice of an approval or denial of a loan or request for an advance under an SISMBD Loan?

§ 120.1824 How will an SISMBD receive notice of an approval or denial of a loan or request for an advance under an SISMBD Loan?
(a) Applicants will receive notice of approval or denial of an SISMBD Loan or a request for an advance under such loan by SBA through written correspondence.
(b) If a loan request is approved, SBA will issue a Commitment Letter.
(c) Notice of a denial will include the specific reasons for the decision.
(d) SBA reserves the right to reject any request for a loan or an advance, in whole or in part, in its sole discretion.

Title 13 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 13 CFR Part 120.

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