Code of Federal Regulations · Section

§ 120.201 — Refinancing Unsecured Or Undersecured Loans

13 C.F.R. § 120.201

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A Borrower may not use 7(a) loan proceeds to pay any creditor in a position to sustain a loss causing a shift to SBA of all or part of a potential loss from an existing debt.

13 C.F.R. § 120.200 13 C.F.R. § 120.202

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