CFR › Title 13 › Part 120 › §120.34513 CFR §120.345Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗Copy linkSection 7(a)(16) of the Act authorizes SBA to guarantee loans to small businesses that are:(a)Engaged or preparing to engage in international trade; or(b)Adversely affected by import competition.