13 CFR § 120.200 Business Loans

§ 120.200 What bonding requirements exist during construction?

Current through Sep 29, 2026 · Read all of Part 120

On 7(a) loans which finance construction, the Borrower must supply a 100 percent payment and performance bond and builder's risk insurance, unless waived by SBA.

← § 120.197 Notifying SBA's Office of Inspector General of suspected fraud.§ 120.201 Refinancing unsecured or undersecured loans. →