Interagency Q&A .12(v) – 2: Are loans secured by commercial real estate considered small business loans?

Compliance > Regulation BB - CRA
Q:  § __.12(v) – 2: Are loans secured by commercial real estate considered small business loans?
 
A:  Yes, depending on their principal amount.  Small business loans include loans secured by “nonfarm nonresidential properties,” as defined in the Call Report, in amounts of $1 million or less.
 
 
 
This Interagency Q&A, and others, was released in July 2016.  The 2016 Q&As consolidates and supersedes all previously published “Interagency Questions and Answers Regarding Community Reinvestment,” and were noted as being effective immediately.  They may be found here:  http://www.ffiec.gov/cra/qnadoc.htm
 

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