7 CFR §773.8
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The maximum loan amount any individual or business entity may receive under the Special Apple Loan Program is limited to $500,000.
- (b)The maximum loan is further limited to $300 per acre of apple trees in production in 1999 or 2000, whichever is greater.
- (c)Loan funds may not be used to pay expenses incurred for lobbying or related activities.
- (d)Loans may not be made for any purpose which contributes to excessive erosion of highly erodible land or to the conversion of wetlands to produce an agricultural commodity.