federal_register: 2011-7741

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2011-7741 Intermediary Lending Pilot Program Rule This interim final rule implements section 1131 of the Small Business Jobs Act of 2010, which requires SBA to establish an Intermediary Lending Pilot (ILP) program. The ILP program is a three- year pilot program in which SBA will make direct loans of up to $1 million at an interest rate of 1 percent to up to 20 nonprofit lending intermediaries each year, subject to availability of funds. Intermediaries will then use the ILP loan funds to make loans of up to $200,000 to startup, newly established, or growing small business concerns. 2011-04-01 2011 4 https://www.federalregister.gov/documents/2011/04/01/2011-7741/intermediary-lending-pilot-program https://www.govinfo.gov/content/pkg/FR-2011-04-01/pdf/2011-7741.pdf Small Business Administration 468 This interim final rule implements section 1131 of the Small Business Jobs Act of 2010, which requires SBA to establish an Intermediary Lending Pilot (ILP) program. The ILP program is a three- year pilot program in which SBA will make direct loans of...  

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