Conditional approval.

CFR · 2024-01-01 · US · Title 13

From among the Applicants submitting eligible and complete applications, SBA will select a number of Applicants and will conditionally approve such selected Applicants to participate in the NMVC program. SBA will give each such Conditionally Approved NMVC Company a specific period of time, not to exceed two years, to satisfy the requirements to become a NMVC Company.

official document · source cfr-2024 · id 13:§ 108.370