13 C.F.R. § 120.828 Minimum level of 504 loan activity and restrictions on portfolio concentrations.
Title 13 - Business Credit and Assistance
(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. [68 FR 57981, Oct. 7, 2003]
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart H—Development Company Loan Program (504)
Requirements for CDC Certification and Operation
§ 120.828 Minimum level of 504 loan activity and restrictions on portfolio concentrations.
