Seller's Pool Loan deferments.

13 C.F.R. § 120.1717
in effectEffective: 2024-07-01
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Without the prior written consent of SBA, Seller, at the request of Obligor, may grant one deferment of Obligor's scheduled payments for a continuous period not to exceed three months of past or future installments. Seller shall immediately notify CSA of any payment deferment and that notification shall include: (a) The SBA Pool Loan number; (b) The Obligor's name; (c) The terms of such deferment; (d) The date Obligor is to resume payment; and (e) Reconfirmation of the basis of interest calculation (e.g. 30/360 or Actual Days/365).

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