Code of Federal Regulations (alpha)

CFR /  Title 13  /  Part 120  /  Sec. 120.1802 How does a broker-dealer participate in the SISMBD

A Pool Assembler must meet the eligibility requirements in Sec. 120.1820, submit an SISMBD Loan Application to SBA that includes the information specified in Sec. 120.1822, obtain a written loan commitment from SBA, execute, among other documents, Loan Agreements, and satisfy all other SBA requirements. The Loan Agreements provide further details on the requirements that apply to an SISMBD seeking an SISMBD Loan.