Notification of Guarantee Loan Payment Deferrals for Business and Industry Loan Guarantees, Rural Energy for America Program Loan Guarantees, Community Facilities Loan Guarantees, and Water and Waste Loan Guarantees
rural-development · Rural Utilities Service · Rule · Published 2020-03-31 · Effective 2020-03-31 · 85 FR 17721
Document
Document number
2020-06706
Federal Register citation
85 FR 17721
CFR reference
7 CFR 1779
Type
Rule
Action
Notification.
Category
rural-development
Sub-agency
Rural Utilities Service
Publication date
2020-03-31
Effective date
2020-03-31
Abstract
The Rural-Business Cooperative Service (RBCS), Rural Housing Service (RHS), and Rural Utilities Service (RUS) agencies of the Rural Development mission area, hereinafter referred to as Agency, will temporarily allow lenders with guaranteed loans with the Agency to unilaterally offer payment deferrals for the period specified in the DATES section of this notification to their customers who may be experiencing temporary cash flow issues due to the Coronavirus (COVID- 19) pandemic.