13 C.F.R. § 120.400 Loan Guarantee Agreements.
Title 13 - Business Credit and Assistance
SBA may enter into a Loan Guarantee Agreement with a Lender to make deferred participation (guaranteed) loans. Such an agreement does not obligate SBA to participate in any specific proposed loan that a Lender may submit. The existence of a Loan Guarantee Agreement does not limit SBA's rights to deny a specific loan or establish general policies. See also §§120.441(b) and 120.451(d) concerning Supplemental Guarantee Agreements. Participation Criteria
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart D—Lenders
§ 120.400 Loan Guarantee Agreements.
