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Federal regulations · Through 2026-08-25 · Newer source version available

13 CFR 120.361: Other conditions of eligibility.

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Where this section sits in the code
  1. Title 13—Business Credit and Assistance
  2. CHAPTER I—SMALL BUSINESS ADMINISTRATION
  3. PART 120—BUSINESS LOANS
  4. Subpart C—Special Purpose Loans

(a) Management and daily operations of the business must be directed by one or more of the veteran owners whose veteran status was used to qualify for the loan.

(b) This direct loan program is available only if private sector financing and guaranteed loans are not available.

(c) A veteran may qualify only once for this program on a direct loan basis.

Collected 2026-08-27T02:24:18Z. Source file · JSON

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