StacksVerified U.S. regulatory reference

13 CFR §120.361

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Management and daily operations of the business must be directed by one or more of the veteran owners whose veteran status was used to qualify for the loan.
  2. (b)This direct loan program is available only if private sector financing and guaranteed loans are not available.
  3. (c)A veteran may qualify only once for this program on a direct loan basis.