StacksVerified U.S. regulatory reference

13 CFR §120.100

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
To be eligible for an SBA business loan, a small business applicant must:
  1. (a)Be an operating business (except for loans to Eligible Passive Companies);
  2. (b)Be organized for profit;
  3. (c)Be located in the United States;
  4. (d)Be small under the size requirements of part 121 of this chapter (including affiliates). See subpart H of this part for the size standards of part 121 of this chapter which apply only to 504 loans; and
  5. (e)Be able to demonstrate a need for the desired credit.