Document Citation: 13 CFR 123.412

Header:
CODE OF FEDERAL REGULATIONS
TITLE 13 -- BUSINESS CREDIT AND ASSISTANCE
CHAPTER I -- SMALL BUSINESS ADMINISTRATION
PART 123 -- DISASTER LOAN PROGRAM
SUBPART E -- PRE-DISASTER MITIGATION LOANS

Date:
01/17/2012

Document:
§ 123.412 What happens if SBA declines your business' pre-disaster mitigation loan request?

If SBA declines your business' loan request, SBA will notify your business in writing giving specific reasons for decline. If your business disagrees with SBA's decision, it may respond in accordance with § 123.13. If SBA reverses its decision, SBA will use the date it received your business' last request for reconsideration or appeal as the basis for determining the order of funding.