13 C.F.R. § 120.400
Current through May 31, 2024
SBA may enter into a Loan Guarantee Agreement with a Lender to make deferred participation (guaranteed) loans. Such an agreement does not obligate SBA to participate in any specific proposed loan that a Lender may submit. The existence of a Loan Guarantee Agreement does not limit SBA's rights to deny a specific loan or establish general policies. See also§ 120.440(c) concerning Supplemental Guarantee Agreements.
13 C.F.R. §120.400