4280.140—Financial statements.
        
        (a) 
         The financial information required in  § 4280.111(b)(3)(v) and (b)(4) is required for the guaranteed loan program.
    
    
        
        (b) 
         If the proposed guaranteed loan exceeds $3 million, the Agency may require annual audited financial statements, at its sole discretion when the Agency is concerned about the applicant's credit risk.