13 C.F.R. § 120.395 What is SBA's collateral position?
Title 13 - Business Credit and Assistance
SBA will require a lien on the building which must be in no less than a second position.
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart C—Special Purpose Loans
§ 120.395 What is SBA's collateral position?
