[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: 13CFR123.406]



[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. 123.406  What is the interest rate on a pre-disaster mitigation loan?



    The interest rate on a pre-disaster mitigation loan will be fixed at 

4 percent per annum or less. The exact interest rate will be stated in 

the Federal Register notice announcing each filing period (see Sec. 

123.407).