Small Business Administration
which the business could have provided
had the injury not occurred.
(b) Loan proceeds may not be used to:
(1) Refinance indebtedness which you
incurred prior to September 11, 2001;
(2) Make payments on loans owned by
another federal agency (including SBA)
or a Small Business Investment Com-
pany licensed under the Small Business
(3) Pay, directly or indirectly, any
obligations resulting from a federal,
state or local tax penalty as a result of
negligence or fraud, or any non-tax
criminal fine, civil fine, or penalty for
non-compliance with a law, regulation,
or order of a federal, state, regional, or
local agency or similar matter;
(4) Repair physical damage; or
(5) Pay dividends or other disburse-
ments to owners, partners, officers, or
stockholders, except for reasonable re-
muneration directly related to their
performance of services for the busi-
§ 123.605 How long do I have to apply
for a loan under this subpart?
You have until January 22, 2002 to
apply for a loan under this subpart.
Your application must be postmarked
no later than this date. SBA has the
discretion, for good cause, to extend
the application deadline by publication
of a notice in the FEDERAL REGISTER.
§ 123.606 May I request an increase in
the amount of an economic injury
disaster loan under this subpart?
Yes. Notwithstanding § 123.20, you
may request an increase in the amount
of an economic injury disaster loan
under this subpart not later than one
year after the date SBA approves your
PART 124—8(a) BUSINESS DEVEL-
TAGED BUSINESS STATUS DETER-
Subpart A—8(a) Business Development
PROVISIONS OF GENERAL APPLICABILITY
124.1 What is the purpose of the 8(a) Busi-
ness Development program?
124.2 What length of time may a business
participate in the 8(a) BD program?
124.3 What definitions are important in the
8(a) BD program?
ELIGIBILITY REQUIREMENTS FOR PARTICIPA-
TION IN THE 8(a