13 C.F.R. § 120.708 What is the Intermediary's financial contribution?
Title 13 - Business Credit and Assistance
The Intermediary must contribute from non-Federal sources an amount equal to 15 percent of any loan that it receives from SBA. The contribution may not be borrowed. For purposes of this program, Community Development Block Grants are considered non-Federal sources.
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart G—Microloan Program
§ 120.708 What is the Intermediary's financial contribution?
