GroundRules
13 CFR 120.201: Refinancing unsecured or undersecured loans.
Where this section sits in the code
- Title 13—Business Credit and Assistance
- CHAPTER I—SMALL BUSINESS ADMINISTRATION
- PART 120—BUSINESS LOANS
- Subpart B—Policies Specific to 7(a) Loans
A Borrower may not use 7(a) loan proceeds to pay any creditor in a position to sustain a loss causing a shift to SBA of all or part of a potential loss from an existing debt.
Collected 2026-08-27T02:24:18Z. Source file · JSON