StacksVerified U.S. regulatory reference

13 CFR §134.1203

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
Only the borrower on a loan, or its legal successor in interest, for which SBA has issued a final SBA loan review decision that makes a finding in § 134.1201(b)(1) through (4) has standing to appeal the final SBA loan review decision to OHA. Lenders and individual owners of a borrower entity do not have standing to appeal a final SBA loan review decision.