13 CFR § 120.393 - Are there special application requirements?
---identifier: "/us/cfr/t13/s120.393"source: "ecfr"legal_status: "authoritative_unofficial"title: "13 CFR § 120.393 - Are there special application requirements?"title_number: 13title_name: "Business Credit and Assistance"section_number: "120.393"section_name: "Are there special application requirements?"chapter_name: "SMALL BUSINESS ADMINISTRATION"part_number: "120"part_name: "BUSINESS LOANS"positive_law: falsecurrency: "2026-04-05"last_updated: "2026-04-05"format_version: "1.1.0"generator: "[email protected]"authority: "15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182."regulatory_source: "61 FR 3235, Jan. 31, 1996, unless otherwise noted."cfr_part: "120"---
Identifier
/us/cfr/t13/s120.393
Currency
2026-04-05
Positive Law
No
Updated
2026-04-05
Chapter
Small Business Administration
Authority
15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 1... 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182.
# 120.393 Are there special application requirements?(a) An applicant must submit documentation from:(1) A mortgage lender indicating that permanent mortgage money is available to qualified purchasers to buy such properties;(2) A real estate broker indicating that a market exists for the proposed building and that it will be compatible with its neighborhood; and(3) An architect, appraiser or engineer agreeing to make inspections and certifications to support interim disbursements.(b) The Borrower may substitute a letter from a qualified Lender for one or more of the letters.