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  1. LII
  2. Electronic Code of Federal Regulations (e-CFR)
  3. Title 13—Business Credit and Assistance
  4. CHAPTER I—SMALL BUSINESS ADMINISTRATION
  5. PART 120—BUSINESS LOANS
  6. Subpart B—Policies Specific to 7(a) Loans

13 CFR Part 120 - Subpart B - Policies Specific to 7(a) Loans

  • CFR
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  1. Bonding Requirements (§ 120.200)
    1. § 120.200 What bonding requirements exist during construction?
  2. Limitations on Use of Proceeds (§§ 120.201 - 120.202)
    1. § 120.201 Refinancing unsecured or undersecured loans.
    2. § 120.202 Loans for changes of ownership.
  3. Maturities; Interest Rates; Loan and Guarantee Amounts (§§ 120.210 - 120.214)
    1. § 120.210 What percentage of a loan may SBA guarantee?
    2. § 120.211 What limits are there on the amounts of direct loans?
    3. § 120.212 What limits are there on loan maturities?
    4. § 120.213 What fixed interest rates may a Lender charge?
    5. § 120.214 What conditions apply for variable interest rates?
  4. Fees for Guaranteed Loans (§§ 120.220 - 120.223)
    1. § 120.220 Fees that Lender pays SBA.
    2. § 120.221 Fees and expenses that the Lender may collect from a loan applicant or Borrower.
    3. § 120.222 Prohibition on sharing premiums for secondary market sales.
    4. § 120.223 Subsidy recoupment fee payable to SBA by Borrower.

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