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eBook details

Title: Intermediary Lending Pilot Program (US Small Business Administration Regulation) (SBA) (2018 Edition)
Author : The Law Library
Release Date : January 21, 2018
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 175 KB

Description

The Law Library presents the complete text of the Intermediary Lending Pilot Program (US Small Business Administration Regulation) (SBA) (2018 Edition).
Updated as of May 29, 2018

This interim final rule implements section 1131 of the Small Business Jobs Act of 2010, which requires SBA to establish an Intermediary Lending Pilot (ILP) program. The ILP program is a three-year pilot program in which SBA will make direct loans of up to $1 million at an interest rate of 1 percent to up to 20 nonprofit lending intermediaries each year, subject to availability of funds. Intermediaries will then use the ILP loan funds to make loans of up to $200,000 to startup, newly established, or growing small business concerns.

This ebook contains:
- The complete text of the Intermediary Lending Pilot Program (US Small Business Administration Regulation) (SBA) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure