{"data":{"id":"us/13-cfr-120.200","jurisdiction":"us","citation":"13 CFR 120.200","heading":"What bonding requirements exist during construction?","body":"On 7(a) loans which finance construction, the Borrower must supply a 100 percent payment and performance bond and builder's risk insurance, unless waived by SBA.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 120—BUSINESS LOANS","Subpart B—Policies Specific to 7(a) 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":"381555859eb19be53135d025eaf9bc58344d1105e9463c130a99e81054580117","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.197","next":"us/13-cfr-120.201"},"notice":"GroundRules: Original legal text. Not legal advice."}