13 C.F.R. · Business Credit and Assistance
13 C.F.R. § 120.348

Amount of guarantee.

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Regulatory Text

13 C.F.R. § 120.348 — Amount of guarantee.

§ 120.348 Amount of guarantee. The maximum loan amount for any one International Trade (IT) loan is $5,000,000. IT loans may receive a maximum guaranty of 90 percent or $4,500,000, except that the maximum guaranty amount for any working capital component of an IT loan is limited to $4,000,000. To the extent that the Borrower has a separate EWCP loan or any other 7(a) loan for working capital, the guaranty amount for the other loan is counted against the $4,000,000 guaranty limit for the IT loan. [76 FR 63546, Oct. 12, 2011]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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13 C.F.R. § 120.348
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The regulatory text of 13 C.F.R. § 120.348 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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