Regulations last checked for updates: Apr 30, 2025

Title 13 - Business Credit and Assistance last revised: Feb 18, 2025
§ 121.703 - Are formal size determinations binding on parties?

Size determinations by authorized SBA officials are formal actions based upon a specific funding agreement, and are binding upon the parties. Other SBA opinions provided to funding agreement officers or others, are only advisory, and are not binding or appealable.

authority: 15 U.S.C. 632,634,636,662,and
source: 61 FR 3286, Jan. 31, 1996, unless otherwise noted.
cite as: 13 CFR 121.703