DAL-2 use of proceeds and other program conditions.

CFR · 2024-01-01 · US · Title 13

(a) The DAL-2 loan proceeds may be used for any 7(a) loan purposes. (b) An applicant may use DAL-2 loan proceeds to acquire an eligible small business without complying with the change of ownership conditions in § 120.202. (c) A DAL-2 applicant must submit evidence from a physician, psychiatrist, or other qualified professional as to the permanent nature of the disability and the limitation it places on the applicant.

official document · source cfr-2024 · id 13:§ 120.313