§ 120.377 Use of proceeds.
Current through Sep 29, 2026 · Read all of Part 120
The loan proceeds shall not be used for debt refinancing. Only a manufacturing concern may use loan proceeds for working capital.
Current through Sep 29, 2026 · Read all of Part 120
The loan proceeds shall not be used for debt refinancing. Only a manufacturing concern may use loan proceeds for working capital.
← § 120.376 Special requirements.§ 120.390 Revolving credit. →