CFR > Title 13 - Business Credit and Assistance > CHAPTER I—SMALL BUSINESS ADMINISTRATION > PART 120—BUSINESS LOANS > SUBPART E—Servicing, Liquidation and Debt Collection Litigation of 7(a) and 504 Loans (§120.520 to §120.554) > 120.553—Appeal.

120.553—Appeal.

If the application is denied, the Borrower may appeal the decision to the D/FA. Until the conclusion of any appeal, the Borrower may retain possession of the homestead property.