SBA SOP 50 10 8, A.Ch3.B — RESTRICTIONS ON USES OF PROCEEDS

sba-sop-a-ch3-b

Verbatim text of SBA SOP 50 10 8 section A.Ch3.B (RESTRICTIONS ON USES OF PROCEEDS), effective 2025-06-01. 1 provision(s) quoted from the SOP PDF. SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.

This register: .xlsx .csv

See also

SBA lending corpus: SOP 50 10 and the active notices, with the expiry watcher.

Verbatim regulatory text (1)

Verbatim provisions from SBA SOP 50 10 8, A.Ch3.B — RESTRICTIONS ON USES OF PROCEEDS — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

SOP 50 10 8 A.Ch3.B

Effective 2025-06-01 · publisher's stamp for this provision

B. RESTRICTIONS ON USES OF PROCEEDS 13 CFR § 120.130 Loan proceeds may not be used for any of the following purposes (including the replacement of funds used or borrowed for any such purpose): 1. Payments, distributions, or loans to an Associate of the Applicant (as defined in 13 CFR § 120.10), except for compensation for services actually rendered at a fair and reasonable rate or to facilitate 7(a) loans for changes of ownership in accordance with 13 CFR § 120.202 and the guidance in Section B of this SOP on partial changes of ownership;

Source: SBA SOP 50 10 8, A.Ch3.B — RESTRICTIONS ON USES OF PROCEEDS · source URL · snapshot 535743ffe062cc34

Get this regulation in your AI window

Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.

Open in Claude Open in ChatGPT

Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.

Get notified if this rule changes

One email when SBA SOP 50 10 8, A.Ch3.B — RESTRICTIONS ON USES OF PROCEEDS changes: what changed, the new verbatim text, and the effective date. Nothing else.

Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.

Source of record: https://claudeforcompliance.com/regs/sba-sop-a-ch3-b/ · register sba-sop-a-ch3-b · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.