GroundRules
13 CFR 109.320: ILP Loan purposes.
Where this section sits in the code
- Title 13—Business Credit and Assistance
- CHAPTER I—SMALL BUSINESS ADMINISTRATION
- PART 109—INTERMEDIARY LENDING PILOT PROGRAM
- Subpart C—ILP Program Requirements
(a) ILP Loan funds must only be used to provide direct loans to Eligible Small Business Concerns for working capital, real estate, or the acquisition of materials, supplies, furniture, fixtures, or equipment.
(b) ILP Loan funds must not be used for any other purpose, including maintenance of loan loss reserves or payment of administrative costs or expenses of the ILP Intermediary.
Collected 2026-08-27T02:24:18Z. Source file · JSON