Minimum level of 504 loan activity and restrictions on portfolio concentrations.

  1. Law
  2. CFR 13
  3. Business Credit and Assistance
  4. Small Business Administration
  5. Business Loans
  6. Development Company Loan Program (504)
  7. Requirements for CDC Certification and Operation
  8. Minimum level of 504 loan activity and restrictions on portfolio concentrations.

Checkout our iOS App for a better way to browser and research.

§ 120.828 Minimum level of 504 loan activity and restrictions on portfolio concentrations.

(a) A CDC is required to receive SBA approval of at least four 504 loan approvals during two consecutive fiscal years.

(b) A CDC's 504 loan portfolio must be diversified by business sector.

[68 FR 57981, Oct. 7, 2003]


Download our app to see the most-to-date content.