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CFR › Title 13 › Chapter I › Part 120 › Subpart H › Section 120.881

13 CFR 120.881 - Ineligible Projects for 504 loans.

§ 120.881 Ineligible Projects for 504 loans.
In addition to the ineligible businesses and uses of proceeds specified in subpart A of this part, the following Projects are ineligible for 504 financing:
(a) Relocation of any of the operations of a small business which will cause a net reduction of one-third or more in the workforce of a relocating small business or a substantial increase in unemployment in any area of the country, unless the CDC can justify the loan because:
(1) The relocation is for key economic reasons and crucial to the continued existence, economic wellbeing, and/or competitiveness of the applicant; and
(2) The economic development benefits to the applicant and the receiving community outweigh the negative impact on the community from which the applicant is moving; and
(b) Projects in foreign countries (loans financing real or personal property located outside the United States or its possessions).

Title 13 published on 2013-01-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

United States Code
USC : Title 15 - COMMERCE AND TRADE

§ 634 - General powers

§ 634 note - General powers

§ 636 - Additional powers

§ 650 - Supervisory and enforcement authority for small business lending companies

§ 687 - Operation and regulation of companies

§ 696 - Loans for plant acquisition, construction, conversion and expansion

§ 697 - Development company debentures

Statutes at Large

123 Stat. 115

Title 13 published on 2013-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 13 CFR 120 after this date.

  • 2013-02-25; vol. 78 # 37 - Monday, February 25, 2013
    1. 78 FR 12633 - 504 and 7(a) Loan Programs Updates
      GPO FDSys XML | Text
      SMALL BUSINESS ADMINISTRATION
      Proposed rule.
      SBA must receive comments to this proposed rule on or before April 26, 2013.
      13 CFR Parts 120 and 121