§ 120.990. 501, 502 and 503 loans.
54 words·~1 min read·
/us/cfr/t13/s§ 120.990·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
SBA has discontinued loan programs for 501, 502, and 503 loans. Outstanding loans remain under these programs, and Borrowers, CDCs, and SBA must comply with the terms and conditions of the corresponding notes and Debentures, and the regulations in this part in effect when the obligations were undertaken or last in effect, if applicable.