---
kind: "section"
citation: "2 C.F.R. § 2700.995"
title: "2"
number: "2700.995"
heading: "Principal (SBA supplement to government-wide definition at 2 CFR 180.995)."
url: "https://uscodex.org/cfr/2/2700.995"
---

# §2700.995. Principal (SBA supplement to government-wide definition at 2 CFR 180.995).


Principal means—

- (a) **Other examples of individuals who are principals in SBA covered transactions include—**
  - (1) **Principal investigators.**
  - (2) Securities brokers and dealers under the [section 7(a)](/cfr/2/7.md?p=a) Loan, Certified Development Company (CDC) and Small Business Investment Company (SBIC) programs.
  - (3) Applicant representatives under the [section 7(a)](/cfr/2/7.md?p=a) Loan, CDC, SBIC, Small Business Development Center (SBDC), and [section 7(j)](/cfr/2/7.md?p=j) programs.
  - (4) Providers of professional services under the [section 7(a)](/cfr/2/7.md?p=a) Loan, CDC, SBIC, SBDC, and [section 7(j)](/cfr/2/7.md?p=j) programs.
  - (5) **Individuals that certify, authenticate or authorize billings.**
- (b) [Reserved]

## Notes

### Authority

Authority: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O. 12689 (3 CFR, 1989, 1986 Comp., p. 235); 15 U.S.C. 634(b)(6).

### Source

Source: 72 FR 39728, July 20, 2007, unless otherwise noted.