13 CFR 107.140
§ 107.140 SBA approval of initial Management Expenses.
United States · 13 CFR — Business Credit and Assistance · Status: effective
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- Citation
- 13 CFR 107.140, § 107.140 SBA approval of initial Management Expenses, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51574
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Full text
If you plan to obtain Leverage, you must have your Management Expenses approved by SBA at the time of licensing. (See § 107.520 for the definition of Management Expenses.)
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.