[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR120.105]

[Page 222-223]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 120_BUSINESS LOANS--Table of Contents
 
            Subpart A_Policies Applying to All Business Loans
 
Sec.  120.105  Special consideration for veterans.

    SBA will give special consideration to a small business owned by a 
veteran or, if the veteran chooses not to apply, to a business owned or 
controlled by one of the veteran's dependents. If the

[[Page 223]]

veteran is deceased or permanently disabled, SBA will give special 
consideration to one survivor or dependent. SBA will process the 
application of a business owned or controlled by a veteran or dependent 
promptly, resolve close questions in the applicant's favor, and pay 
particular attention to maximum loan maturity. For SBA loans, a veteran 
is a person honorably discharged from active military service.

          Ineligible Businesses and Eligible Passive Companies