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Electronic Code of Federal Regulations

e-CFR data is current as of May 26, 2020

Title 13Chapter IPart 123Subpart E → §123.406


Title 13: Business Credit and Assistance
PART 123—DISASTER LOAN PROGRAM
Subpart E—Pre-Disaster Mitigation Loans


§123.406   What is the interest rate on a pre-disaster mitigation loan?

The interest rate on a pre-disaster mitigation loan will be fixed at 4 percent per annum or less. The exact interest rate will be stated in the Federal Register notice announcing each filing period (see §123.407).

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