1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - Small Business Administration
  4. Part 120 - Business Loans
  5. Subpart C - Special Purpose Loans
  6. Subject Group - Builders Loan Program
  7. 13 CFR § 120.395
13 CFR § 120.395
What is SBA's collateral position?
August 12, 2025
CFR
Editorial Note on Part 120

Editorial Note:

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

§ 120.395 What is SBA's collateral position?

SBA will require a lien on the building which must be in no less than a second position.

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§ 120.394 What are the eligible uses of proceeds?
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§ 120.396 What is the term of the loan?

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