Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 13 - Business Credit and Assistance |
Chapter IV - Emergency Steel Guarantee Loan Board |
Part 400 - Emergency Steel Guarantee Loan Program |
Subpart C - Steel Guarantee Loans |
§ 400.203 - Guarantee percentage.
Latest version.
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§ 400.203 Guarantee percentage.
A guarantee issued by the Board may not exceed 85 percent of the amount of the principal of a loan to a Qualified Steel Company. Subject to the provisions of this part, one or more third parties, public or private, may guarantee repayment of part of the Unguaranteed Portion of a loan guaranteed by the Board.
[66 FR 53080, Oct. 19, 2001]