---
kind: "section"
citation: "42 C.F.R. § 505.19"
title: "42"
number: "505.19"
heading: "Approval or denial of loan forgiveness."
url: "https://uscodex.org/cfr/42/505.19"
---

# §505.19. Approval or denial of loan forgiveness.

- (a) **Approval of loan forgiveness.** If CMS determines that a qualifying hospital has met the conditions, plan criteria, and reporting requirements for loan forgiveness specified in §§ [505.13](/cfr/42/505.13.md), [505.15](/cfr/42/505.15.md), and [505.17](/cfr/42/505.17.md), CMS will send a written notification of approval for loan forgiveness to the qualifying hospital by the earlier of—
  - (1) 30 days from the date of receipt of the annual report that shows the qualifying hospital has satisfied the requirements for loan forgiveness; or
  - (2) 90 days before the end of the loan deferment period defined in [§ 505.7(b)](/cfr/42/505.7.md?p=b).
- (b) **Denial of loan forgiveness.** If CMS determines that a qualifying hospital has not met the conditions, plan criteria, or reporting requirements for loan forgiveness specified in [§ 505.13](/cfr/42/505.13.md), [§ 505.15](/cfr/42/505.15.md), or [§ 505.17](/cfr/42/505.17.md) of this part, CMS will send a written notification of denial of loan forgiveness to the qualifying hospital at least 30 days before the end of the loan deferment period defined in [§ 505.7(b)](/cfr/42/505.7.md?p=b).

## Notes

### Source

Source: 71 FR 48144, Aug. 18, 2006, unless otherwise noted.

### Authority

Authority: Secs. 1102 and 1871 of the Social Security Act (42 U.S.C 1302 and 1395hh).

### Source

Source: 70 FR 57374, Sept. 30, 2005, unless otherwise noted.