[Code of Federal Regulations]

[Title 13, Volume 1]

[Revised as of January 1, 2006]

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

[CITE: 13CFR123.405]



[Page 355]

 

                TITLE 13--BUSINESS CREDIT AND ASSISTANCE

 

                CHAPTER I--SMALL BUSINESS ADMINISTRATION

 

PART 123_DISASTER LOAN PROGRAM--Table of Contents

 

                 Subpart E_Pre-Disaster Mitigation Loans

 

Sec. 123.405  How much can your business borrow with a pre-disaster 

mitigation loan?



    Your business, together with its affiliates, may borrow up to 

$50,000 each fiscal year. This loan amount may be used to fund only 

those projects that were a part of your business' approved loan request. 

SBA will consider mitigation measures costing more than $50,000 per year 

if your business can identify, as a part of its Pre-Disaster Mitigation 

Small Business Loan Application, sources that will fund the cost above 

$50,000.