7 CFR 3550.113 - Rates and terms (loans only).

Regulations most recently checked for updates: Feb 11, 2025

§ 3550.113 - Rates and terms (loans only).

(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]