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) should be … permitted by state law. 10. When the Board votes on SBA loan approval or servicing actions, at least one Board Member … from 503 and 504 loan activity by CDC remaining after payment of staff and overhead expenses must be retained by …