{"data":{"id":"us/13-cfr-120.377","jurisdiction":"us","citation":"13 CFR 120.377","heading":"Use of proceeds.","body":"The loan proceeds shall not be used for debt refinancing. Only a manufacturing concern may use loan proceeds for working capital.","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":"a3cddb992ae0ef0c567dfd379ef267d3c1ed4f3d1acfaee3bb5db3c1e3faed2a","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.376","next":"us/13-cfr-120.390"},"notice":"GroundRules: Original legal text. Not legal advice."}