1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - Small Business Administration
  4. Part 120 - Business Loans
  5. Subpart G - Microloan Program
  6. 13 CFR § 120.708
13 CFR § 120.708
What is the Intermediary's financial contribution?
August 12, 2025
CFR
Editorial Note on Part 120

Editorial Note:

Nomenclature changes to part 120 appear at 72 FR 50039, Aug. 30, 2007.

§ 120.708 What is the Intermediary's financial contribution?

The Intermediary must contribute from non-Federal sources an amount equal to 15 percent of any loan that it receives from SBA. The contribution may not be borrowed. For purposes of this program, Community Development Block Grants are considered non-Federal sources.

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§ 120.707 What conditions apply to loans by Intermediaries to Microloan borrowers?
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§ 120.709 What is the Microloan Revolving Fund?

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