13 CFR §120.1713
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
SBA is entitled to recover from the Seller losses incurred by SBA on its guarantee of a Pool if such losses resulted because Seller's Pool Loan was not made and closed in a commercially reasonable manner, consistent with prudent lending standards, and in accordance with any applicable Program Rules and Regulations.