13 CFR 120.343

§ 120.343 Collateral.

United States · 13 CFR — Business Credit and Assistance · Status: effective

Cite this

Citation: 13 CFR 120.343, § 120.343 Collateral, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52075
Permanent ID: ys:prov:52075@1
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Full text

A Borrower must give SBA a first security interest sufficient to cover 100 percent of the EWCP loan amount (such as insured accounts receivable or letters of credit). Collateral must be located in the United States, its territories or possessions.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.