CFR›Title 13›Chapter I›Part 120›Subpart C›Subject Group Builders Loan Program›13 CFR 120.395 Citation13 CFR 120.395CorpusDaily eCFRDisplayed edition2026-09-29Last updated2026-09-29 § 120.395 What is SBA's collateral position?SBA will require a lien on the building which must be in no less than a second position. Previous 120.394 § 120.394 What are the eligible uses of proceeds? Next 120.396 § 120.396 What is the term of the loan?
§ 120.395 What is SBA's collateral position?SBA will require a lien on the building which must be in no less than a second position.