Code of Federal Regulations · Section
§ 120.343 — Collateral
13 C.F.R. § 120.343
View:
A Borrower must give SBA a first security interest sufficient to cover 100 percent of the EWCP loan amount (such as insured accounts receivable or letters of credit). Collateral must be located in the United States, its territories or possessions.
Authorizing Statute
-
General powers15 U.S.C. § 634