13 CFR 120.342
§ 120.342 What are eligible uses of proceeds?
United States · 13 CFR — Business Credit and Assistance · Status: effective
Cite this
- Citation
- 13 CFR 120.342, § 120.342 What are eligible uses of proceeds?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52074
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Full text
Loan proceeds may be used:
(a) To acquire inventory;
(b) To pay the manufacturing costs of goods for export;
(c) To purchase goods or services for export;
(d) To support standby letters of credit;
(e) For pre-shipment working capital; and
(f) For post-shipment foreign accounts receivable financing.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.