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7 C.F.R. § 3550.113 – Rates and terms (loans only). | Midpage
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Code of Federal Regulations
Title 7
Chapter XXXV
Part 3550
Subpart C
§ 3550.113
7 C.F.R. § 3550.113
Rates and terms (loans only).
Effective Mar 9, 2022
Published Feb 7, 2022
87 FR 6773
(a)
Interest rate.
The interest rate for all section 504 loans will be 1 percent.
(b)
Loan term.
The repayment period for all section 504 loans will be 20 years.
[61 FR 59779, Nov. 22, 1996, as amended at 87 FR 6773, Feb. 7, 2022]