{"data":{"id":"us/13-cfr-120.343","jurisdiction":"us","citation":"13 CFR 120.343","heading":"Collateral.","body":"A Borrower must give SBA a first security interest sufficient to cover 100 percent of the EWCP loan amount (such as insured accounts receivable or letters of credit). Collateral must be located in the United States, its territories or possessions.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 120—BUSINESS LOANS","Subpart C—Special Purpose 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":"cc9b69259368db93f45433af9ab678ce891ef48829c5fe702c5dfd5b99867d92","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.342","next":"us/13-cfr-120.344"},"notice":"GroundRules: Original legal text. Not legal advice."}