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Code · CFR · Title 13 — Business Credit and Assistance · Part 120 — Business Loans · § 120.828

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

39 words·~1 min read·/us/cfr/t13/s§ 120.828·

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(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. \[68 FR 57981, Oct. 7, 2003\]
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§ 120.828
Minimum level of 504 loan activity and restrictions on portfolio concentrations.
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