[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR123.407]

[Page 283]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 123--DISASTER LOAN PROGRAM--Table of Contents
 
Sec. 123.407  What happens if SBA denies or withdraws my pre-disaster mitigation loan application?

    (a) If SBA denies your loan application, SBA will notify you in 
writing and give you the specific reasons for the denial. If you 
disagree with SBA's decision, you may respond under Sec. 123.13. If SBA 
approves your application after reconsideration or appeal, SBA will use 
the date the Area Office received the request for reconsideration or 
appeal to determine the order of funding.
    (b) If SBA withdraws your loan application and you later submit the 
missing information, and SBA approves the loan, SBA will use the date it 
reaccepts the application to determine the order of funding.

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