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13 CFR 120.396

§ 120.396 What is the term of the loan?

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

Banking, Finance & Insurance
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13 CFR 120.396, § 120.396 What is the term of the loan?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52098
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Full text

The loan must not exceed sixty (60) months plus the estimated time to complete construction or rehabilitation.

Legislative history

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