SBA SOP 50 10 8, C.Ch1.B — THIRD PARTY LENDER PARTICIPATION
Verbatim text of SBA SOP 50 10 8 section C.Ch1.B (THIRD PARTY LENDER PARTICIPATION), effective 2025-06-01. 1 provision(s) quoted from the SOP PDF. SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.
Verbatim regulatory text
Verbatim provisions from SBA SOP 50 10 8, C.Ch1.B — THIRD PARTY LENDER PARTICIPATION — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
SOP 50 10 8 C.Ch1.B
B. THIRD PARTY LENDER PARTICIPATION Typical 504 Structures Standard Financing New Business OR Limited or Special Both New AND Limited or Special Purpose Property Third Party Lender Structure Purpose Property CDC/SBA Borrower A 504 project has three main partners and generally: a Third Party Lender provides 50% or more of the financing; a Certified Development Company (CDC) provides up to 40% of the financing 1 An “Opportunity Zone” is an economically distressed community that has been nominated by the State and certified by the Secretary of the U.S. Treasury as a community in which new investments, under certain conditions, may be eligible for preferential tax treatment. More information and a list of Opportunity Zones for all States are available at https://www.cdfifund.gov/Opportunity-Zones. through a 504 debenture (guaranteed 100% by SBA); and an applicant (Borrower) injects at least 10% of the financing (13 CFR §§ 120.801 and 120.900). No more than 50% of eligible Project costs can be from Federal sources (13 CFR § 120.930(a)).
Operationalizing SBA SOP 50 10 8, C.Ch1.B — THIRD PARTY LENDER PARTICIPATION
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Source of record: https://claudeforcompliance.com/regs/sba-sop-c-ch1-b/
· register sba-sop-c-ch1-b · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.