Code of Federal Regulations > Title 13 > Chapter I > Part 120 > Subpart D - Subpart D—Lenders

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 27, 2025

PARTICIPATION CRITERIA

§ 120.410 - Requirements for all participating Lenders.

§ 120.411 - Preferences.

§ 120.412 - Other services Lenders may provide Borrowers.

§ 120.413 - Advertisement of relationship with SBA.

§ 120.400 - Loan Guarantee Agreements.

PARTICIPATING LENDER FINANCINGS

§ 120.420 - Definitions.

§ 120.421 - Which Lenders may securitize?

§ 120.422 - Are all securitizations subject to this subpart?

§ 120.423 - Which 7(a) loans may a Lender securitize?

§ 120.424 - What are the basic conditions a Lender must meet to securitize?

§ 120.425 - What are the minimum elements that SBA will require before consenting to a securitization?

§ 120.426 - What action will SBA take if a securitizer transfers the subordinated tranche prior to the termination of the holding period?

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

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

OTHER CONVEYANCES

§ 120.430 - What conveyances are covered by §through 120.435?

§ 120.431 - Which Lenders may sell, sell participations in, or pledge 7(a) loans?

§ 120.432 - Under what circumstances does this subpart permit sales of, or sales of participating interests in, 7(a) loans?

§ 120.433 - What are SBA's other requirements for sales and sales of participating interests?

§ 120.434 - What are SBA's requirements for loan pledges?

§ 120.435 - Which loan pledges do not require notice to or consent by SBA?

DELEGATED AUTHORITY CRITERIA

§ 120.440 - How does a 7(a) Lender obtain delegated authority?

§ 120.441-§ 120.447 - 120.447 [Reserved]

PREFERRED LENDERS PROGRAM (PLP)

§ 120.450 - What is the Preferred Lenders Program?

§ 120.451 - [Reserved]

§ 120.452 - What are the requirements of PLP loan processing?

SBA SUPERVISED LENDERS

§ 120.460 - What are SBA's additional requirements for SBA Supervised Lenders?

§ 120.461 - What are SBA's additional requirements for SBA Supervised Lenders concerning records?

§ 120.462 - What are SBA's additional requirements on capital maintenance for SBA Supervised Lenders?

§ 120.463 - Regulatory accounting—What are SBA's regulatory accounting requirements for SBA Supervised Lenders?

§ 120.464 - Reports to SBA.

§ 120.465 - Civil penalty for late submission of required reports.

§ 120.466 - SBA Supervised Lender application.

§ 120.467 - Evaluation of SBA Supervised Lender applicants.

§ 120.468 - Change of ownership or control requirements for SBA Supervised Lenders.

SMALL BUSINESS LENDING COMPANIES (SBLC)

§ 120.470 - What are SBA's additional requirements for SBLCs?

§ 120.471 - What are the minimum capital requirements for SBLCs?

§ 120.472 - Higher individual minimum capital requirement.

§ 120.473 - Procedures for determining individual minimum capital requirement.

§ 120.474 - Relation to other actions.

§ 120.475 - [Reserved]

§ 120.476 - Prohibited financing.

§ 120.490 - Audits.