Code of Federal Regulations · Section
§ 120.828 — Minimum Level Of 504 Loan Activity And Restrictions On Portfolio Concentrations
13 C.F.R. § 120.828
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(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.
Authorizing Statute
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General powers15 U.S.C. § 634