legal · go-v.org

ALP Express Loans.

CFR · 2024-01-01 · US · Title 13

(a) (1) Means a 504 loan in an amount that is not more than $500,000; and (2) Does not include a loan made to a borrower that is in an industry that has a high rate of default, as annually determined by SBA. SBA will publish an annual list of the industries with a high rate of default in a notice in the (b) (2) (3) (ii) (4) (5) (6) (c) (d)

official document · source cfr-2024 · id 13:§ 120.842