Title 13 Part 130 → §130.420

Title 13 → Chapter I → Part 130 → §130.420

Electronic Code of Federal Regulations e-CFR

Title 13 Part 130 → §130.420

e-CFR data is current as of September 17, 2019

Title 13Chapter IPart 130 → §130.420

Title 13: Business Credit and Assistance

§130.420   Renewal applications.

(a) SBDCs shall comply with the requirements in the annual Program Announcement, including format and due dates, to receive consideration of their renewal applications. The SBA Project Officer, with the concurrence of the Program Manager, may grant an extension. The recipient organization shall submit the renewal application to the SBA office in the District in which the recipient organization is located. The annual Program Announcement will include a timetable for SBA review.

(b) After review by the SBA Project Officer and written recommendation for approval by the District Director, the Program Manager and Grants Management Specialist shall review the renewal application for conformity with the Program Announcement, OMB Circulars and all other statutory, financial and regulatory requirements. SBA officials may request supplemental information and documentation prior to issuing the Cooperative Agreement.