13 C.F.R. · Business Credit and Assistance
13 C.F.R. § 120.880

Basic eligibility requirements.

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Regulatory Text

13 C.F.R. § 120.880 — Basic eligibility requirements.

§ 120.880 Basic eligibility requirements. 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]

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13 C.F.R. § 120.880
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The regulatory text of 13 C.F.R. § 120.880 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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