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e-CFR data is current as of February 25, 2021

Title 7Subtitle BChapter XVIIPart 1777 → §1777.31


Title 7: Agriculture
PART 1777—SECTION 306C WWD LOANS AND GRANTS


§1777.31   Rates.

(a) Applicant loans will bear interest at the rate of 5 percent per annum.

(b) Individual loans will bear interest at the rate of:

(1) Five percent per annum; or

(2) The Federal Financing Bank rate for loans of a similar term at the time of Agency loan approval, whichever is less.

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