Code of Federal Regulations (alpha)

CFR /  Title 13  /  Part 120  /  Sec. 120.532 What is a loan Moratorium?

SBA may assume a Borrower's obligation to repay principal and interest on a loan by agreeing to make the payments to the Lender on behalf of the Borrower under terms and conditions set by SBA. This relief is called a ``Moratorium.'' Complete information concerning this program may be obtained from local SBA offices.