[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR123.410]

[Page 337]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 123--DISASTER LOAN PROGRAM--Table of Contents
 
                Subpart E--Pre-Disaster Mitigation Loans
 
Sec. 123.410  Which loan requests will SBA fund?

    SBA will date stamp each application (loan request) as it is 
received. SBA will fund loan requests which meet the selection criteria 
specified in Sec. 123.409 on a first come, first served basis using this 
date stamp, until it has allocated all available program funds. Multiple 
applications received on the same day will be ranked by a computer based 
random selection system to determine their funding order. SBA will 
notify you in writing of its funding decision.