FSFL microloan

FSFL microloan means a loan for which the producer's aggregate outstanding FSFL balance will be equal to or less than $50,000 at the time of loan application and disbursement.

Source

7 CFR § 1436.3

---

Scoping language

The following definitions will be applicable to the program authorized by this part and will be used in all aspects of administering this program:

---

Is this correct? or