Seller's Pool Loan origination.

13 C.F.R. § 120.1713
in effectEffective: 2024-07-01
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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.

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