2700.995—Principal (SBA supplement to government-wide definition at 2 CFR 180.995).
               		
               	 	
               	 	
               	 	               	 	               	 	               	 	               	 	
               	 	
    
        
            Principal means—
    
    
        
        (a) 
         Other examples of individuals who are principals in SBA covered transactions include:
     
    
        
        (1) 
         Principal investigators.
     
    
        
        (2) 
         Securities brokers and dealers under the  section 7(a) Loan, Certified Development Company (CDC) and Small Business Investment Company (SBIC) programs.
     
    
        
        (3) 
         Applicant representatives under the  section 7(a) Loan, CDC, SBIC, Small Business Development Center (SBDC), and  section 7(j) programs.
     
    
        
        (4) 
         Providers of professional services under the  section 7(a) Loan, CDC, SBIC, SBDC, and  section 7(j) programs.
     
    
        
        (5) 
         Individuals that certify, authenticate or authorize billings.