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Code of Federal Regulations (Last Updated: October 10, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter I - Small Business Administration |
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Part 120 - Business Loans |
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Subpart K - Establishment of an SBA Direct Loan Program for Systemically Important Secondary Market Broker-Dealers (SISMBD Loan Program) |
§ 120.1832 - What is the minimum and maximum SISMBD Loan advance amount?
Latest version.
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§ 120.1832 What is the minimum and maximum SISMBD Loan advance amount?
There is no minimum or maximum loan advance amount. Because availability under the SISMBD Loan is capped as set forth in 120.1830, the amount of any loan advance cannot exceed the available credit identified in the Commitment Letter.