Examples of SBA Assistance in a sentence
SBA regulations require a written statement of no objection by the pertinent Department or military service before it provides any SBA Assistance, other than disaster loans, to an entity, if its sole proprietor, partner, officer, director, or stockholder with a 10 percent or more interest, or if a household member of any of the preceding individuals, is an employee of another Government Department or Agency having a grade of at least GS-13 or its equivalent.
SBA regulations require approval by SBA’s Standards of Conduct Committee (SCC) for SBA Assistance, other than disaster assistance, to an entity, if its sole proprietor, partner, officer, director, or stockholder with a 10 percent or more interest is: a current SBA employee; a Member of Congress; an appointed official or employee of the legislative or judicial branch; a member or employee of an SBA Advisory Council or SCORE volunteer; or a household member of any of the preceding individuals.
SBA will not provide SBA Assist- ance to any person who has, as an em- ployee, owner, partner, attorney, agent, owner of stock, officer, director, creditor or debtor, any individual who, within one year prior to the request for such SBA Assistance was an SBA em- ployee, without the prior approval of the SBA Standards of Conduct Coun- selor.
The date of granting or admin- istering such SBA Assistance was with- in one year following the termination of such employment.(b) Failure of a recipient of SBA As- sistance to comply with these provi- sions may result, in the discretion of SBA, in the requirement for immediate repayment of SBA financial Assist- ance, the immediate termination of other SBA Assistance involved or other appropriate action.
The Standards of Conduct Com- mittee must approve SBA Assistance, other than disaster loans under sub- paragraphs (1) and (2) of section 7(b) of the Small Business Act, to a person if its sole proprietor, general partner, of- ficer, director or stockholder with a 10 percent or more interest (or a house- hold member of such individual) is a member of Congress or an appointed of- ficial or employee of the legislative or judicial branch of the Government.
Employment of former employee by person previously the recipient of SBA Assistance.
SBA must receive a written state- ment of no objection by the pertinent Department or military service before it gives any SBA Assistance, other than Disaster loans under subpara- graphs (1) and (2) of section 7(b) of the Small Business Act, to a person when its sole proprietor, partner, officer, di- rector or stockholder with a 10 percent or more interest, or a household mem- ber, is an employee of another Govern- ment Department or Agency having a grade of at least GS–13 or its equiva- lent.
The date of granting or admin- istering such SBA Assistance was with- in one year following the termination of such employment.
Without the prior written approval of the Standards of Conduct Committee, no SBA Assistance, other than Disaster loans under subparagraphs (1) and (2) of section 7(b) of the Small Business Act, shall be furnished to a person when the sole proprietor, partner, officer, direc- tor or significant stockholder of the person is an SBA employee or a house- hold member.
The Standards of Conduct Com-mittee must approve SBA Assistance, other than disaster loans under sub- paragraphs (1) and (2) of section 7(b) of the Small Business Act, to a person if its sole proprietor, general partner, of- ficer, director or stockholder with a 10 percent or more interest (or a house- hold member of such individual) is a member of Congress or an appointed of- ficial or employee of the legislative or judicial branch of the Government.