Code of Federal Regulations · Section
§ 120.1713 — Seller's Pool Loan Origination
13 C.F.R. § 120.1713
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SBA is entitled to recover from the Seller losses incurred by SBA on its guarantee of a Pool if such losses resulted because Seller's Pool Loan was not made and closed in a commercially reasonable manner, consistent with prudent lending standards, and in accordance with any applicable Program Rules and Regulations.
Authorizing Statute
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General powers15 U.S.C. § 634