{"data":{"id":"us/13-cfr-120.450","jurisdiction":"us","citation":"13 CFR 120.450","heading":"What is the Preferred Lenders Program?","body":"Under the Preferred Lenders Program (PLP), designated Lenders process, close, service, and liquidate SBA guaranteed loans with reduced requirements for documentation to and prior approval by SBA.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 120—BUSINESS LOANS","Subpart D—Lenders"],"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":"ad49b6ff72a79981abc249bd6145ed62bc510612dc8f4a5aa9e81d1ee539a431","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.441-120.447","next":"us/13-cfr-120.451"},"notice":"GroundRules: Original legal text. Not legal advice."}