13 CFR 120.1713 – Seller’s Pool Loan origination
Current as of: 2024 | Check for updates
|
Other versions
SBA is entitled to recover from the Seller losses incurred by SBA on its guarantee of a Pool if such losses resulted because Seller’s Pool Loan was not made and closed in a commercially reasonable manner, consistent with prudent lending standards, and in accordance with any applicable Program Rules and Regulations.