2 CFR 2700.995
§ 2700.995 Principal (SBA supplement to government-wide definition at 2 CFR 180.995).
United States · 2 CFR — Federal Financial Assistance · Status: effective
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- Citation
- 2 CFR 2700.995, § 2700.995 Principal (SBA supplement to government-wide definition at 2 CFR 180.995), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/2312
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Full text
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.
(b) [Reserved]
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.