{"data":{"id":"us/13-cfr-120.100","jurisdiction":"us","citation":"13 CFR 120.100","heading":"What are the basic eligibility requirements for all applicants for SBA business loans?","body":"To be eligible for an SBA business loan, a small business applicant must:\n(a) Be an operating business (except for loans to Eligible Passive Companies);\n(b) Be organized for profit;\n(c) Be located in the United States;\n(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\n(e) Be able to demonstrate a need for the desired credit.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 120—BUSINESS LOANS","Subpart A—Policies Applying to All Business Loans"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-13.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:18Z","sha256":"f3c1b1d038639ce837c81faabe444f4882591ee6d13dc6edb48fc46b4393c6b6","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.10","next":"us/13-cfr-120.101"},"notice":"GroundRules: Original legal text. Not legal advice."}