Basic eligibility requirements.

CFR · 2024-01-01 · US · Title 13

In addition to the eligibility requirements specified in subpart A, to be an eligible Borrower for a 504 loan, a small business must: (a) Use the Project Property (except that an Eligible Passive Company may lease to an Operating Company); and (b) Together with its Affiliates, meet one of the size standards set forth in § 121.301(b) of this chapter.

official document · source cfr-2024 · id 13:§ 120.880