Code of Federal Regulations · Section
§ 107.140 — Sba Approval Of Initial Management Expenses
13 C.F.R. § 107.140
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If you plan to obtain Leverage, you must have your Management Expenses approved by SBA at the time of licensing. (See § 107.520 for the definition of Management Expenses.)
Authorizing Statute
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Definitions15 U.S.C. § 662