How does an Intermediary get a grant to assist Microloan borrowers?

CFR · 2024-01-01 · US · Title 13

(a) (b) (1) Up to 50 percent of the grant funds may be used to provide information and technical assistance to prospective Microloan borrowers; provided, however, that no more than 5 percent of the grant funds may be used to market or advertise the products and services of the Microloan Intermediary directly related to the Microloan Program; and (2) Grant monies may be used to attend training required by SBA. (c) (d)

official document · source cfr-2024 · id 13:§ 120.712