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WXWP WXWP
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6 years ago
Which of the following restrictions does the SBA impose on a Section 504 CDC loan?
A) For every $35,000 the CDC loans, the project must create at least one new job or achieve a public policy goal.
B) Machinery and equipment financed must have a useful life of at least 10 years.
C) The borrower must be a "small business" and must not have a tangible net worth in excess of $7 million and a net income in excess of $2.5 million for the preceding two years.
D) All of the above
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
Author:
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tuhaftuhaf
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6 years ago
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