13 C.F.R. § 120.151 What is the statutory limit for total loans to a Borrower?
Title 13 - Business Credit and Assistance
The aggregate amount of the SBA portions of all loans to a single Borrower, including the Borrower's affiliates as defined in §121.103 of this chapter, must not exceed a guaranty amount of $1,000,000, except as otherwise authorized by statute for a specific program. The maximum loan amount for any one 7(a) loan is $2,000,000. The amount of any loan received by an Eligible Passive Company applies to the loan limit of both the Eligible Passive Company and the Operating Company. [61 FR 3235, Jan. 31, 1996, as amended at 68 FR 51680, Aug. 28, 2003]
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart A—Policies Applying to All Business Loans
Eligibility Requirements
§ 120.151 What is the statutory limit for total loans to a Borrower?
