1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - Small Business Administration
  4. Part 120 - Business Loans
  5. Subpart A - Policies Applying to All Business Loans
  6. Subject Group - Loan Applications
  7. 13 CFR § 120.192
13 CFR § 120.192
Approval or denial
August 12, 2025
CFR
Editorial Note on Part 120

Editorial Note:

Nomenclature changes to part 120 appear at 72 FR 50039, Aug. 30, 2007.

§ 120.192 Approval or denial.

Applicants receive notice of approval or denial by the Lender, CDC, Intermediary, or SBA, as appropriate. Notice of denial will include the reasons.

[61 FR 3235, Jan. 31, 1996, as amended at 88 FR 21899, Apr. 12, 2023]

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§ 120.191 The contents of a business loan application
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§ 120.193 Reconsideration after denial

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