StacksVerified U.S. regulatory reference

13 CFR §120.314

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
For the purpose of the DAL Program, SBA shall resolve doubts concerning the creditworthiness of an applicant in favor of the applicant. However, the applicant must present satisfactory evidence of repayment ability. Personal guarantees of Associates are not required for purposes of DAL-1 financial assistance.