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13 C.F.R. § 109.450

SBA review of ILP Intermediary loans to Eligible Small Business Concerns.

Title 13 C.F.R. ● ACTIVE Primary Source
Regulatory Text

13 C.F.R. § 109.450 — SBA review of ILP Intermediary loans to Eligible Small Business Concerns.

§ 109.450 SBA review of ILP Intermediary loans to Eligible Small Business Concerns. (a) Review restrictions. SBA does not review loans made by an ILP Intermediary under this program before approval of the loan by the ILP Intermediary. The ILP Intermediary is responsible for all loan decisions regarding eligibility (including size). (b) Subsequent review. SBA will periodically review loans made by an ILP Intermediary after approval of the loan by the ILP Intermediary as part of the on-site and off-site reviews described in § 109.510. If SBA discovers that an ILP Intermediary has made a loan under this program to an ineligible business or for an ineligible purpose, SBA will require the ILP Intermediary to refinance the ineligible loan with non-ILP program funds and to deposit into its ILP Relending Fund an amount equal to the outstanding principal balance on the ineligible loan.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR13-SEC-8F0070
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
13 C.F.R. § 109.450
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
5148cc2e6c297cd6...
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Pending — corpus passes queued
The regulatory text of 13 C.F.R. § 109.450 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
Navigate Corpus — Title 13 C.F.R.
← 13 C.F.R. § 109.440 13 C.F.R. § 109.460 →
Title 13 — Business Credit and Assistance
13 C.F.R. § 101.10013 C.F.R. § 101.10113 C.F.R. § 101.10213 C.F.R. § 101.10313 C.F.R. § 101.10413 C.F.R. § 101.10513 C.F.R. § 101.10613 C.F.R. § 101.10713 C.F.R. § 101.10813 C.F.R. § 101.10913 C.F.R. § 101.20013 C.F.R. § 101.20113 C.F.R. § 101.30013 C.F.R. § 101.30113 C.F.R. § 101.30213 C.F.R. § 101.30313 C.F.R. § 101.40013 C.F.R. § 101.40113 C.F.R. § 101.40213 C.F.R. § 101.40313 C.F.R. § 101.40413 C.F.R. § 101.40513 C.F.R. § 101.40613 C.F.R. § 101.40713 C.F.R. § 101.50013 C.F.R. § 102.113 C.F.R. § 102.213 C.F.R. § 102.313 C.F.R. § 102.413 C.F.R. § 102.5
13 C.F.R. — public domain ← All Legislation
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boisestandard.org → United States → Law → CFR → Title 13 → 13 C.F.R. § 109.450