StacksVerified U.S. regulatory reference

13 CFR §120.1717

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Without the prior written consent of SBA, Seller, at the request of Obligor, may grant one deferment of Obligor's scheduled payments for a continuous period not to exceed three months of past or future installments. Seller shall immediately notify CSA of any payment deferment and that notification shall include:
  1. (a)The SBA Pool Loan number;
  2. (b)The Obligor's name;
  3. (c)The terms of such deferment;
  4. (d)The date Obligor is to resume payment; and
  5. (e)Reconfirmation of the basis of interest calculation (e.g. 30/360 or Actual Days/365).