13 CFR 120.861 - Job creation or retention.

Code of Federal Regulations - Title 13: Business Credit and Assistance

Updated to: January 01, 2011

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Title 13: Business Credit and Assistance

CHAPTER I: SMALL BUSINESS ADMINISTRATION

PART 120: BUSINESS LOANS

Subpart H: Development Company Loan Program (504)

: Project Economic Development Goals

120.861 - Job creation or retention.A Project must create or retain one Job Opportunity per an amount of 504 loan funding that will be specified by SBA from time to time in a Federal Register notice. Such Job Opportunity average remains in effect until changed by subsequent Federal Register publication.

[68 FR 57987, Oct. 7, 2003]