13 C.F.R. · Business Credit and Assistance
13 C.F.R. § 120.100

What are the basic eligibility requirements for all applicants for SBA business loans?

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Regulatory Text

13 C.F.R. § 120.100 — What are the basic eligibility requirements for all applicants for SBA business loans?

§ 120.100 What are the basic eligibility requirements for all applicants for SBA business loans? To be eligible for an SBA business loan, a small business applicant must: (a) Be an operating business (except for loans to Eligible Passive Companies); (b) Be organized for profit; (c) Be located in the United States; (d) Be small under the size requirements of part 121 of this chapter (including affiliates). See subpart H of this part for the size standards of part 121 of this chapter which apply only to 504 loans; and (e) Be able to demonstrate a need for the desired credit.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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13 C.F.R. § 120.100
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The regulatory text of 13 C.F.R. § 120.100 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.
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boisestandard.org United States Law CFR Title 13 13 C.F.R. § 120.100