13 CFR 120.1702

§ 120.1702 Program fee.

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

Cite this

Citation: 13 CFR 120.1702, § 120.1702 Program fee, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52306
Permanent ID: ys:prov:52306@1
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Full text

Ongoing Guarantee Fee. The Ongoing Guarantee Fee is payable to SBA, and it is calculated and payable monthly from the amounts received in respect of interest on Loan Interests in the SBA-guaranteed portion of a Pool. This amount is set forth in the First Lien Position 504 Loan Pool Guarantee Agreement. This fee is used to pay program losses.

Legislative history

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