StacksVerified U.S. regulatory reference

13 CFR §120.354

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In determining repayment ability, SBA shall not consider the personal assets of the employee-owners of the trust. SBA shall consider the earnings history and projected future earnings of the employer small business. SBA may consider the business and management experience of the employee-owners.