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Title 13 - Business Credit and Assistance
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CHAPTER I—SMALL BUSINESS ADMINISTRATION
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PART 120—BUSINESS LOANS
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SUBPART K—Establishment of an SBA Direct Loan Program for Systemically Important Secondary Market Broker-Dealers (SISMBD Loan Program) (§120.1800 to §120.1900)
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SUBPART K—Establishment of an SBA Direct Loan Program for Systemically Important Secondary Market Broker-Dealers (SISMBD Loan Program) (§120.1800 to §120.1900)
120.1800—Definitions used in subpart K.
120.1801—Program purpose.
120.1802—How does a broker-dealer participate in the SISMBD Loan Program?
120.1810—What is a Systemically Important SBA Secondary Market Broker-Dealer (SISMBD)?
120.1820—What are the basic eligibility requirements for SBA designation as a Systemically Important Secondary Market Broker-Dealer?
120.1821—What is the process to obtain designation as a Systemically Important Secondary Market Broker-Dealer?
120.1822—What is the process to apply for an SISMBD Loan?
120.1823—Creditworthiness.
120.1824—How will an SISMBD receive notice of an approval or denial of a loan or request for an advance under an SISMBD Loan?
120.1825—May an SISMBD request reconsideration after denial?
120.1830—What are the terms and conditions of an SBA loan to an SISMBD?
120.1831—Is there a limit to the number of SISMBD Loans or advances that an SISMBD may request from SBA?
120.1832—What is the minimum and maximum SISMBD Loan advance amount?
120.1833—May an SISMBD request an increase in the loan amount?
120.1834—What fees are associated with an SISMBD Loan?
120.1840—What are the allowable uses of proceeds of an SISMBD Loan?
120.1850—Will the Collateral be held by SBA?
120.1860—How will the SISMBD Loan be disbursed?
120.1870—How does the SISMBD provide funds for the Premium?
120.1880—How will the loan be repaid?
120.1881—How are payments on the Collateral allocated between the SISMBD borrower and repayment of the SISMBD Loan?
120.1882—What happens if funds to make required loan payments are not generated from the Collateral?
120.1890—What is the maturity on a SISMBD Loan from SBA?
120.1891—What happens if an SISMBD is ineligible to receive an SISMBD Loan or an advance?
120.1892—What happens if an SISMBD does not use SISMBD Loan funds for a statutorily mandated purpose?
120.1893—Data collections and reporting.
120.1900—When does the Secondary Market Lending Authority Program end?
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