Title 13
PART 120 SUBPART H
Subpart H - Development Company Loan Program (504)
- 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), and note, 650, 657t, and note, 657u, and note, 687(f), 696(3) and (7), and note, and 697(a) and (e), and note.
- 61 FR 3235, Jan. 31, 1996, unless otherwise noted.
| 13:1.0.1.1.16.8.232 | SUBJGRP 232 | Certification Procedures To Become a CDC | |
| 13:1.0.1.1.16.8.232.1 | SECTION 120.800 | 120.800 The purpose of the 504 program. | |
| 13:1.0.1.1.16.8.232.2 | SECTION 120.801 | 120.801 How a 504 Project is financed. | |
| 13:1.0.1.1.16.8.232.3 | SECTION 120.802 | 120.802 Definitions. | |
| 13:1.0.1.1.16.8.232.4 | SECTION 120.810 | 120.810 Applications for certification as a CDC. | |
| 13:1.0.1.1.16.8.232.5 | SECTION 120.812 | 120.812 Probationary period for newly certified CDCs. | |
| 13:1.0.1.1.16.8.233 | SUBJGRP 233 | Requirements for CDC Certification and Operation | |
| 13:1.0.1.1.16.8.233.6 | SECTION 120.816 | 120.816 CDC non-profit status and good standing. | |
| 13:1.0.1.1.16.8.233.7 | SECTION 120.818 | 120.818 Applicability to existing for-profit CDCs. | |
| 13:1.0.1.1.16.8.233.8 | SECTION 120.820 | 120.820 CDC Affiliation. | |
| 13:1.0.1.1.16.8.233.9 | SECTION 120.821 | 120.821 CDC Area of Operations. | |
| 13:1.0.1.1.16.8.233.10 | SECTION 120.823 | 120.823 CDC Board of Directors. | |
| 13:1.0.1.1.16.8.233.11 | SECTION 120.824 | 120.824 Professional management and staff, and contracts for services. | |
| 13:1.0.1.1.16.8.233.12 | SECTION 120.825 | 120.825 Financial ability to operate. | |
| 13:1.0.1.1.16.8.233.13 | SECTION 120.826 | 120.826 Basic requirements for operating a CDC. | |
| 13:1.0.1.1.16.8.233.14 | SECTION 120.827 | 120.827 Other services a CDC may provide to small businesses. | |
| 13:1.0.1.1.16.8.233.15 | SECTION 120.828 | 120.828 Minimum level of 504 loan activity and restrictions on portfolio concentrations. | |
| 13:1.0.1.1.16.8.233.16 | SECTION 120.829 | 120.829 Job Opportunity average a CDC must maintain. | |
| 13:1.0.1.1.16.8.233.17 | SECTION 120.830 | 120.830 Reports a CDC must submit. | |
| 13:1.0.1.1.16.8.234 | SUBJGRP 234 | Extending a CDC'S Area of Operations | |
| 13:1.0.1.1.16.8.234.18 | SECTION 120.835 | 120.835 Application to expand an Area of Operations. | |
| 13:1.0.1.1.16.8.234.19 | SECTION 120.837 | 120.837 SBA decision on application for a new CDC or for an existing CDC to expand Area of Operations. | |
| 13:1.0.1.1.16.8.234.20 | SECTION 120.839 | 120.839 Case-by-case application to make a 504 loan outside of a CDC's Area of Operations. | |
| 13:1.0.1.1.16.8.235 | SUBJGRP 235 | Accredited Lenders Program (ALP) | |
| 13:1.0.1.1.16.8.235.21 | SECTION 120.840 | 120.840 Accredited Lenders Program (ALP). | |
| 13:1.0.1.1.16.8.235.22 | SECTION 120.841 | 120.841 Qualifications for the ALP. | |
| 13:1.0.1.1.16.8.236 | SUBJGRP 236 | Premier Certified Lenders Program | |
| 13:1.0.1.1.16.8.236.23 | SECTION 120.845 | 120.845 Premier Certified Lenders Program (PCLP). | |
| 13:1.0.1.1.16.8.236.24 | SECTION 120.846 | 120.846 Requirements for maintaining and renewing PCLP status. | |
| 13:1.0.1.1.16.8.236.25 | SECTION 120.847 | 120.847 Requirements for the Loan Loss Reserve Fund (LLRF). | |
| 13:1.0.1.1.16.8.236.26 | SECTION 120.848 | 120.848 Requirements for 504 loan processing, closing, servicing, liquidating, and litigating by PCLP CDCs. | |
| 13:1.0.1.1.16.8.237 | SUBJGRP 237 | Associate Development Companies (ADCs) | |
| 13:1.0.1.1.16.8.237.27 | SECTION 120.850 | 120.850 Expiration of Associate Development Company designation. | |
| 13:1.0.1.1.16.8.238 | SUBJGRP 238 | Other CDC Requirements | |
| 13:1.0.1.1.16.8.238.28 | SECTION 120.851 | 120.851 CDC ethical requirements. | |
| 13:1.0.1.1.16.8.238.29 | SECTION 120.852 | 120.852 [Reserved] | |
| 13:1.0.1.1.16.8.238.30 | SECTION 120.853 | 120.853 Inspector General audits of CDCs. | |
| 13:1.0.1.1.16.8.238.31 | SECTION 120.857 | 120.857 Voluntary transfer and surrender of CDC certification. | |
| 13:1.0.1.1.16.8.239 | SUBJGRP 239 | Project Economic Development Goals | |
| 13:1.0.1.1.16.8.239.32 | SECTION 120.860 | 120.860 Required objectives. | |
| 13:1.0.1.1.16.8.239.33 | SECTION 120.861 | 120.861 Job creation or retention. | |
| 13:1.0.1.1.16.8.239.34 | SECTION 120.862 | 120.862 Other economic development objectives. | |
| 13:1.0.1.1.16.8.240 | SUBJGRP 240 | Leasing Policies Specific to 504 Loans | |
| 13:1.0.1.1.16.8.240.35 | SECTION 120.870 | 120.870 Leasing Project Property. | |
| 13:1.0.1.1.16.8.240.36 | SECTION 120.871 | 120.871 Leasing part of Project Property to another business. | |
| 13:1.0.1.1.16.8.241 | SUBJGRP 241 | Loan-Making Policies Specific to 504 Loans | |
| 13:1.0.1.1.16.8.241.37 | SECTION 120.880 | 120.880 Basic eligibility requirements. | |
| 13:1.0.1.1.16.8.241.38 | SECTION 120.881 | 120.881 Ineligible Projects for 504 loans. | |
| 13:1.0.1.1.16.8.241.39 | SECTION 120.882 | 120.882 Eligible Project costs for 504 loans. | |
| 13:1.0.1.1.16.8.241.40 | SECTION 120.883 | 120.883 Eligible administrative costs for 504 loans. | |
| 13:1.0.1.1.16.8.241.41 | SECTION 120.884 | 120.884 Ineligible costs for 504 loans. | |
| 13:1.0.1.1.16.8.242 | SUBJGRP 242 | Interim Financing | |
| 13:1.0.1.1.16.8.242.42 | SECTION 120.890 | 120.890 Source of interim financing. | |
| 13:1.0.1.1.16.8.242.43 | SECTION 120.891 | 120.891 Certifications of disbursement and completion. | |
| 13:1.0.1.1.16.8.242.44 | SECTION 120.892 | 120.892 Certifications of no adverse change. | |
| 13:1.0.1.1.16.8.243 | SUBJGRP 243 | Permanent Financing | |
| 13:1.0.1.1.16.8.243.45 | SECTION 120.900 | 120.900 Sources of permanent financing. | |
| 13:1.0.1.1.16.8.244 | SUBJGRP 244 | The Borrower's Contribution | |
| 13:1.0.1.1.16.8.244.46 | SECTION 120.910 | 120.910 Borrower contributions. | |
| 13:1.0.1.1.16.8.244.47 | SECTION 120.911 | 120.911 Land contributions. | |
| 13:1.0.1.1.16.8.244.48 | SECTION 120.912 | 120.912 Borrowed contributions. | |
| 13:1.0.1.1.16.8.244.49 | SECTION 120.913 | 120.913 Limitations on any contributions by a Licensee. | |
| 13:1.0.1.1.16.8.245 | SUBJGRP 245 | Third Party Loans | |
| 13:1.0.1.1.16.8.245.50 | SECTION 120.920 | 120.920 Required participation by the Third Party Lender. | |
| 13:1.0.1.1.16.8.245.51 | SECTION 120.921 | 120.921 Terms of Third Party loans. | |
| 13:1.0.1.1.16.8.245.52 | SECTION 120.922 | 120.922 Pre-existing debt on the Project Property. | |
| 13:1.0.1.1.16.8.245.53 | SECTION 120.923 | 120.923 Policies on subordination. | |
| 13:1.0.1.1.16.8.245.54 | SECTION 120.925 | 120.925 [Reserved] | |
| 13:1.0.1.1.16.8.245.55 | SECTION 120.926 | 120.926 Referral fee. | |
| 13:1.0.1.1.16.8.246 | SUBJGRP 246 | 504 Loans and Debentures | |
| 13:1.0.1.1.16.8.246.56 | SECTION 120.930 | 120.930 Amount. | |
| 13:1.0.1.1.16.8.246.57 | SECTION 120.931 | 120.931 504 Lending limits. | |
| 13:1.0.1.1.16.8.246.58 | SECTION 120.932 | 120.932 Interest rate. | |
| 13:1.0.1.1.16.8.246.59 | SECTION 120.933 | 120.933 Maturity. | |
| 13:1.0.1.1.16.8.246.60 | SECTION 120.934 | 120.934 Collateral. | |
| 13:1.0.1.1.16.8.246.61 | SECTION 120.935 | 120.935 Deposit from the Borrower that a CDC may require. | |
| 13:1.0.1.1.16.8.246.62 | SECTION 120.937 | 120.937 Assumption. | |
| 13:1.0.1.1.16.8.246.63 | SECTION 120.938 | 120.938 Default. | |
| 13:1.0.1.1.16.8.246.64 | SECTION 120.939 | 120.939 Borrower prohibition. | |
| 13:1.0.1.1.16.8.246.65 | SECTION 120.940 | 120.940 Prepayment of the 504 loan or Debenture. | |
| 13:1.0.1.1.16.8.246.66 | SECTION 120.941 | 120.941 Certificates. | |
| 13:1.0.1.1.16.8.247 | SUBJGRP 247 | Debenture Sales and Service Agents | |
| 13:1.0.1.1.16.8.247.67 | SECTION 120.950 | 120.950 SBA and CDC must appoint agents. | |
| 13:1.0.1.1.16.8.247.68 | SECTION 120.951 | 120.951 Selling agent. | |
| 13:1.0.1.1.16.8.247.69 | SECTION 120.952 | 120.952 Fiscal agent. | |
| 13:1.0.1.1.16.8.247.70 | SECTION 120.953 | 120.953 Trustee. | |
| 13:1.0.1.1.16.8.247.71 | SECTION 120.954 | 120.954 Central Servicing Agent. | |
| 13:1.0.1.1.16.8.247.72 | SECTION 120.955 | 120.955 Agent bonds and records. | |
| 13:1.0.1.1.16.8.247.73 | SECTION 120.956 | 120.956 Suspension or revocation of brokers and dealers. | |
| 13:1.0.1.1.16.8.248 | SUBJGRP 248 | Closings | |
| 13:1.0.1.1.16.8.248.74 | SECTION 120.960 | 120.960 Responsibility for closing. | |
| 13:1.0.1.1.16.8.248.75 | SECTION 120.961 | 120.961 Construction escrow accounts. | |
| 13:1.0.1.1.16.8.249 | SUBJGRP 249 | Servicing | |
| 13:1.0.1.1.16.8.249.76 | SECTION 120.970 | 120.970 Servicing of 504 loans and Debentures. | |
| 13:1.0.1.1.16.8.250 | SUBJGRP 250 | Fees | |
| 13:1.0.1.1.16.8.250.77 | SECTION 120.971 | 120.971 Allowable fees paid by Borrower. | |
| 13:1.0.1.1.16.8.250.78 | SECTION 120.972 | 120.972 Third Party Lender participation fee and CDC fee. | |
| 13:1.0.1.1.16.8.251 | SUBJGRP 251 | Authority of CDCs To Perform Liquidation and Debt Collection Litigation | |
| 13:1.0.1.1.16.8.251.79 | SECTION 120.975 | 120.975 CDC Liquidation of loans and debt collection litigation. | |
| 13:1.0.1.1.16.8.252 | SUBJGRP 252 | Enforceability of 501, 502 and 503 Loans and Other Laws | |
| 13:1.0.1.1.16.8.252.80 | SECTION 120.990 | 120.990 501, 502 and 503 loans. | |
| 13:1.0.1.1.16.8.252.81 | SECTION 120.991 | 120.991 Effect of other laws. |