13 CFR 120.1717

§ 120.1717 Seller's Pool Loan deferments.

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

Cite this

Citation: 13 CFR 120.1717, § 120.1717 Seller's Pool Loan deferments, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52321
Permanent ID: ys:prov:52321@1
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Full text

Without the prior written consent of SBA, Seller, at the request of Obligor, may grant one deferment of Obligor's scheduled payments for a continuous period not to exceed three months of past or future installments. Seller shall immediately notify CSA of any payment deferment and that notification shall include: (a) The SBA Pool Loan number; (b) The Obligor's name; (c) The terms of such deferment; (d) The date Obligor is to resume payment; and (e) Reconfirmation of the basis of interest calculation (e.g. 30/360 or Actual Days/365).

Legislative history

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