SBA guarantee of an Individual Certificate.
CFR · 2024-01-01 · US · Title 13
(a) (b) (1) The Borrower remains in uncured default for 60 days on payments of principal or interest due on the note; (2) The Lender fails to send to the FTA on a timely basis payments it received from the Borrower; or (3) The FTA fails to send to the Registered Holder on a timely basis any payments it has received from the Lender. (c)
official document · source cfr-2024 · id 13:§ 120.621