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13 CFR 120.315

§ 120.315 Interest rate and loan limit.

United States · 13 CFR — Business Credit and Assistance · Status: effective

Banking, Finance & Insurance
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13 CFR 120.315, § 120.315 Interest rate and loan limit, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52066
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Full text

The interest rate on direct DAL loans is three percent. There is an administrative limit of $150,000 on a direct DAL loan.

Legislative history

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