State Small Business Credit Initiative - Frequently Asked Questions (Faqs) - U.s. Department Of The Treasury Page 35
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37U.S. Department of the Treasury
State Small Business Credit Initiative
the relationship described in part 215 of title 12 of the Code of Federal Regulations, or any successor to
such part.
1. The borrower or investee is not:
1. a business engaged in speculative activities that develop profits from fluctuations in
price rather than through normal course of trade, such as wildcatting for oil and dealing
in commodities futures, unless those activities are incidental to the regular activities of
the business and part of a legitimate risk management strategy to guard against price
fluctuations related to the regular activities of the business; or
1. a business that earns more than half of its annual net revenue from lending
activities; unless the business is a non-bank or non-bank holding company
Community Development Financial Institutions; or
2. a business engaged in pyramid sales, where a participant's primary incentive is
based on the sales made by an ever-increasing number of participants; or
3. a business engaged in activities that are prohibited by federal law or applicable
law in the jurisdiction where the business is located or conducted. (Included in
these activities is the production, servicing, or distribution of otherwise legal
products that are to be used in connection with an illegal activity, such as selling
drug paraphernalia or operating a motel that knowingly permits illegal
prostitution); or
4. a business engaged in gambling enterprises, unless the business earns less than
33% of its annual net revenue from lottery sales.
Legal Name:
By:
Authorized Signatory
Name:
Title:
Date:
Back to top
State Small Business Credit Initiative Application
Page 35 of 37
FAQs
April 21, 2016
ADVERTISEMENT
0 votes
Related Articles
Related forms
Ref Cpi And Index Ratios For January 2000 - Treasury Inflation-indexed Securities - U.s. Department Of The Treasury, Bureau Of The Fiscal Service
Legal
Fs Form 5336 - Disposition Of Treasury Securities Belonging To A Decedent's Estate Being Settled Without Administration - U.s. Department Of The Treasury
Legal
G-20: Fact Sheet On Imf Reform - Office Of The Press Secretary - The White House - U.s. Department Of The Treasury - 2010
Legal
Form 5230 - Advisement Of Rights (non-custodial) - Treasury Inspector General For Tax Administration - U.s. Department Of The Treasury
Legal
Form 8112 - Statement Of Rights And Obligations - Treasury Inspector General For Tax - U.s. Department Of The Treasury
Legal
Fs Form 2887 - Application Form For U.s. Department Of The Treasury Stored Value Card (svc) Program
Legal
Form 1042-t - Annual Summary And Transmittal Of Forms 1042-s - - Department Of The Treasury - 2013
Financial
Form Hud-56001-mh - Credit Application For Manufactured (mobile) Home - U.s. Department Of Housing And Urban Development
Legal
Related Categories
Parent category: Legal