13 C.F.R. § 120.350 Policy.
Title 13 - Business Credit and Assistance
Section 7(a)(15) of the Act authorizes SBA to guarantee a loan to a qualified employee trust (“ESOP”) to: (a) Help finance the growth of its employer's small business; or (b) Purchase ownership or voting control of the employer.
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart C—Special Purpose Loans
§ 120.350 Policy.
