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§ 120.314 Resolving doubts about creditworthiness.

13 CFR 120.314

Citation13 CFR 120.314
CorpusDaily eCFR
Displayed edition2026-05-12
Last updated2026-05-12

§ 120.314 Resolving doubts about creditworthiness.

For the purpose of the DAL Program, SBA shall resolve doubts concerning the creditworthiness of an applicant in favor of the applicant. However, the applicant must present satisfactory evidence of repayment ability. Personal guarantees of Associates are not required for purposes of DAL-1 financial assistance.