13 C.F.R. § 120.880 Basic eligibility requirements.
Title 13 - Business Credit and Assistance
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. [61 FR 3235, Jan. 31, 1996, as amended at 68 FR 57987, Oct. 7, 2003]
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart H—Development Company Loan Program (504)
Loan-Making Policies Specific to 504 Loans
§ 120.880 Basic eligibility requirements.
