{"data":{"id":"us/13-cfr-120.192","jurisdiction":"us","citation":"13 CFR 120.192","heading":"Approval or denial.","body":"Applicants receive notice of approval or denial by the Lender, CDC, Intermediary, or SBA, as appropriate. Notice of denial will include the reasons.","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":"10f687ae959641c6ded6b2fecb265a500fdd2d549f1a76ade2b0788765fbda44","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.191","next":"us/13-cfr-120.193"},"notice":"GroundRules: Original legal text. Not legal advice."}