U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 28, 2025

§ 120.190 - Where does an applicant apply for a loan?

An applicant for a business loan should apply to:

(a) A Lender for a guaranteed or immediate participation loan;

(b) A CDC for a 504 loan;

(c) An Intermediary for a Microloan; or

(d) SBA for a direct loan.