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Disaster Loan Program

SBA · final-rule · Published 1998-03-30 · Effective 1998-03-30 · 63 FR 15072

Document

Document number
98-8245
Federal Register citation
63 FR 15072
CFR reference
13 CFR 123
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
1998-03-30
Effective date
1998-03-30

Abstract

Under this rule, an SBA disaster loan borrower can request an increase in a disaster loan within two years after the loan was approved. The increase must be used to cover eligible damages resulting from events that occurred after the loan was approved and were beyond the borrower's control. Under the rule, the SBA Associate Administrator for Disaster Assistance can waive the two year limit because of extraordinary circumstances.

Source

Authoritative
Federal Register document
Machine
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