1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - Small Business Administration
  4. Part 120 - Business Loans
  5. Subpart D - Lenders
  6. Subject Group - Participating Lender Financings
  7. 13 CFR § 120.428
13 CFR § 120.428
What happens to a securitizer's other PLP responsibilities if SBA suspends its PLP approval privilege?
August 12, 2025
CFR
Editorial Note on Part 120

Editorial Note:

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

§ 120.428 What happens to a securitizer's other PLP responsibilities if SBA suspends its PLP approval privilege?

The securitizer must continue to service and liquidate loans according to its PLP Supplemental Agreement.

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§ 120.427 Will SBA approve a securitization application from a capital impaired Securitizer?

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