13 C.F.R. § 123.406   What is the interest rate on a pre-disaster mitigation loan?


Title 13 - Business Credit and Assistance


Title 13: Business Credit and Assistance
PART 123—DISASTER LOAN PROGRAM
Subpart E—Pre-Disaster Mitigation Loans

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§ 123.406   What is the interest rate on a pre-disaster mitigation loan?

The interest rate on a pre-disaster mitigation loan will be fixed at 4 percent per annum or less. The exact interest rate will be stated in the Federal Register notice announcing each filing period (see §123.407).

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