13 CFR § 120.192 - Approval or denial.
§ 120.192 Approval or denial.
Applicants receive notice of approval or denial by the Lender, CDC, Intermediary, or SBA, as appropriate. Notice of denial will include the reasons.
[61 FR 3235, Jan. 31, 1996, as amended at 88 FR 21899, Apr. 12, 2023]