Minimum level of 504 loan activity and restrictions on portfolio concentrations.
13 C.F.R. § 120.828
in effectEffective: 2024-07-01(a) A CDC is required to receive SBA approval of at least four 504 loan approvals during two consecutive fiscal years.
(b) A CDC's 504 loan portfolio must be diversified by business sector.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-13.xmlFetched: 7/26/2026
