[Code of Federal Regulations]

[Title 45, Volume 4]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 45CFR1336.73]



[Page 242]

 

                        TITLE 45--PUBLIC WELFARE

 

CHAPTER XIII--OFFICE OF HUMAN DEVELOPMENT SERVICES, DEPARTMENT OF HEALTH 

                           AND HUMAN SERVICES

 

PART 1336_NATIVE AMERICAN PROGRAMS--Table of Contents

 

   Subpart F_Native Hawaiian Revolving Loan Fund Demonstration Project

 

Sec. 1336.73  Eligible borrowers.



    (a) Loans may be made to eligible applicants only if the Loan 

Administrator determines that the applicant is unable to obtain 

financing on reasonable terms and conditions from other sources such as 

banks, Small Business Administration, Production Credit Associations, 

Federal Land Banks; and

    (b) Only if there is a reasonable prospect that the borrower will 

repay the loan. (section 803A(b)(1) (A) and (B))

    (c) The Loan Administrator will determine an applicant's inability 

to obtain financing elsewhere on reasonable terms and conditions from 

documentation provided by the applicant.

    (d) Those eligible to receive loans from the revolving loan fund 

are:

    (1) Native Hawaiian individuals.

    (2) Native Hawaiian non-profit organizations.

    (3) Native Hawaiian businesses.

    (4) Native Hawaiian cooperative associations.

    (5) Native Hawaiian partnerships.

    (6) Native Hawaiian associations.

    (7) Native Hawaiian corporations.