SUBPART K—Establishment of an SBA Direct Loan Program for Systemically Important Secondary Market Broker-Dealers (SISMBD Loan Program) (§120.1800 to §120.1900)
- 120.1800—Definitions used in subpart K.
- 120.1801—Program purpose.
- 120.1802—How does a broker-dealer participate in the SISMBD Loan Program?
- 120.1810—What is a Systemically Important SBA Secondary Market Broker-Dealer (SISMBD)?
- 120.1820—What are the basic eligibility requirements for SBA designation as a Systemically Important Secondary Market Broker-Dealer?
- 120.1821—What is the process to obtain designation as a Systemically Important Secondary Market Broker-Dealer?
- 120.1822—What is the process to apply for an SISMBD Loan?
- 120.1823—Creditworthiness.
- 120.1824—How will an SISMBD receive notice of an approval or denial of a loan or request for an advance under an SISMBD Loan?
- 120.1825—May an SISMBD request reconsideration after denial?
- 120.1830—What are the terms and conditions of an SBA loan to an SISMBD?
- 120.1831—Is there a limit to the number of SISMBD Loans or advances that an SISMBD may request from SBA?
- 120.1832—What is the minimum and maximum SISMBD Loan advance amount?
- 120.1833—May an SISMBD request an increase in the loan amount?
- 120.1834—What fees are associated with an SISMBD Loan?
- 120.1840—What are the allowable uses of proceeds of an SISMBD Loan?
- 120.1850—Will the Collateral be held by SBA?
- 120.1860—How will the SISMBD Loan be disbursed?
- 120.1870—How does the SISMBD provide funds for the Premium?
- 120.1880—How will the loan be repaid?
- 120.1881—How are payments on the Collateral allocated between the SISMBD borrower and repayment of the SISMBD Loan?
- 120.1882—What happens if funds to make required loan payments are not generated from the Collateral?
- 120.1890—What is the maturity on a SISMBD Loan from SBA?
- 120.1891—What happens if an SISMBD is ineligible to receive an SISMBD Loan or an advance?
- 120.1892—What happens if an SISMBD does not use SISMBD Loan funds for a statutorily mandated purpose?
- 120.1893—Data collections and reporting.
- 120.1900—When does the Secondary Market Lending Authority Program end?