{"data":{"id":"us/13-cfr-120.202","jurisdiction":"us","citation":"13 CFR 120.202","heading":"Loans for changes of ownership.","body":"A Borrower may use 7(a) loan proceeds to purchase a portion of or the entirety of an owner's interest in a business, or a portion of or the entirety of a business itself.","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":"4c3445363383c738b0b8aa1225cfa1124d2c3b71ed202d8a9ca7c92d1991d998","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.201","next":"us/13-cfr-120.210"},"notice":"GroundRules: Original legal text. Not legal advice."}