---
kind: "section"
citation: "13 C.F.R. § 120.931"
title: "13"
number: "120.931"
heading: "504 Lending limits."
url: "https://uscodex.org/cfr/13/120.931"
---

# §120.931. 504 Lending limits.


504 loan amounts shall be limited to:

- (a) An outstanding balance of $5,000,000 for each Borrower and its affiliates if the loan proceeds will not be directed towards a Project in [paragraph (c)](#c) of this section,
- (b) An outstanding balance of $5,000,000 for each Borrower and its affiliates if one or more of the public policy goals enumerated in [§ 120.862(b)](/cfr/13/120.862.md?p=b) applies to the Project; and
- (c) $5,500,000 for each Project for:
  - (1) Small Manufacturers (NAICS Codes 31-33) with all production facilities located in the United States;
  - (2) Reduction of the Borrower's, or if the Borrower is an Eligible Passive Company, the Operating Company's energy consumption by at least 10%; or
  - (3) Plant, equipment and process upgrades of renewable energy sources such as the small-scale production of energy for individual buildings' or communities' consumption, commonly known as micropower, or renewable fuel producers including biodiesel and ethanol producers.

## Notes

### Amendments

[76 FR 63547, Oct. 12, 2011]

### Authority

Authority: 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182.

### Source

Source: 61 FR 3235, Jan. 31, 1996, unless otherwise noted.

### Amendments

[76 FR 63547, Oct. 12, 2011]