WebThe aggregate amount of the SBA portions of all loans to a single Borrower, including the Borrower's affiliates as defined in § 121.301 (f) of this chapter, must not exceed a … Web15 apr. 2024 · Step 4: Multiply the average monthly payroll costs from Step 3 by 2.5. v. Step 5: Add the outstanding amount of an Economic Injury Disaster Loan (EIDL) made between January 31, 2024 and April 3, 2024, less the amount of any “advance” under an EIDL COVID-19 loan (because it does not have to be repaid).
eCFR :: 13 CFR Part 120 -- Business Loans
Web1 jun. 2024 · On April 2, 2024, the U.S. Small Business Administration (SBA) posted an interim final rule announcing the implementation of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act temporarily adds a new program, titled the ``Paycheck Protection Program,'' to the SBA's... Web232 §120.103 13 CFR Ch. I (1–1–09 Edition) be injected prior to the disbursement of the proceeds of any SBA financing. (c) For purposes of this section, liq- illinois speech pathology practice act
Federal Register :: Business Loan Program Temporary Changes; …
WebTitle 13 Chapter I Part 120 Subpart A Ineligible Businesses and Eligible Passive Companies § 120.110 Previous Next Top eCFR Content Editorial Note on Part 120 Editorial Note: Nomenclature changes to part 120 appear at 72 FR 50039, Aug. 30, 2007. § 120.110 … Web14 jan. 2024 · On April 2, 2024, the U.S. Small Business Administration (SBA) posted an interim final rule announcing the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Section 1102 of the CARES Act temporarily adds a new program, titled the... Web234 §120.111 13 CFR Ch. I (1–1–11 Edition) (g) Businesses deriving more than one-third of gross annual revenue from legal gambling activities; (h) Businesses engaged in any illegal illinois speeding laws