StacksVerified U.S. regulatory reference

13 CFR §120.341

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
In addition to the eligibility criteria applicable to all 7(a) loans, an applicant must be in business for one full year at the time of application, but not necessarily in the exporting business. SBA may waive this requirement if the applicant has sufficient export trade experience or other managerial experience.