§1655.2. Eligibility for loans.

More than 30 business days have elapsed since the participant has repaid in full any TSP loan;

The participant is in pay status;

The participant is eligible to contribute to the TSP; and

The participant has at least $1,000 in employee contributions and attributable earnings in his or her account. Paragraph (b) of this section shall not apply to loan requests made during a Government shutdown by participants who are furloughed or excepted from furlough due to the Government shutdown.