7 CFR 3550.113

§ 3550.113 Rates and terms (loans only).

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 3550.113, § 3550.113 Rates and terms (loans only), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30261
Permanent ID: ys:prov:30261@1
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Full text

(a) Interest rate. The interest rate for all section 504 loans will be 1 percent. (b) Loan term. The repayment period for all section 504 loans will be 20 years.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.