13 CFR Subpart J
Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools
August 12, 2025
§
120.1700
Definitions used in subpart J
§
120.1701
Program purpose
§
120.1703
Qualifications to be a Pool Originator
§
120.1704
Pool Loans eligible for Pooling
§
120.1705
Pool formation requirements
§
120.1702
Program fee
§
120.1706
Pool Originator's retained interest in Pool
§
120.1707
Seller's retained Loan Interest
§
120.1708
Pool Certificates
§
120.1709
Transfers of Pool Certificates
§
120.1710
Central servicing of the Program
§
120.1711
Suspension or termination of Program participation privileges
§
120.1712
Seller responsibilities with respect to Seller's Pool Loan
§
120.1713
Seller's Pool Loan origination
§
120.1714
Seller's Pool Loan servicing
§
120.1715
Seller's Pool Loan liquidation
§
120.1716
Required SBA approval of servicing actions
§
120.1717
Seller's Pool Loan deferments
§
120.1718
SBA's right to assume Seller's responsibilities
§
120.1719
SBA's right to recover from Seller
§
120.1720
SBA's right to review Pool Loan documents
§
120.1721
SBA's right to investigate
§
120.1722
SBA's offset rights
§
120.1723
Pool Loan receivables received by Seller
§
120.1724
Servicing and liquidation expenses
§
120.1725
No Program Preference by Seller or Pool Originator
§
120.1726
Pool Certificates a Seller cannot purchase
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