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

CFR · 2024-01-01 · US · Title 13

(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.

official document · source cfr-2024 · id 13:§ 120.828