CDC Bylaws Crosswalk and FAQ on Eliminating Membership
… that such approval is in the best interest of the 504 Loan Program 13 CFR § 120.820(e). 6. §120.823(c)(5) … 13 CFR 120.825 states “Any funds generated from 503 and 504 loan activity by CDC remaining after payment of staff and … authorized by the Board, may provide credit approval for loans greater than $2,000,000. LOAN COMMITTEE- SOP 50 10 5 …