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#1806973 - 04/22/13 06:13 PM Bridge loan
Confused Again Offline
Junior Member
Joined: Apr 2010
Posts: 26
We often provide bridge financing until we can get the SBA 504 loan approved. Can we count both of these as Community Development Loans, or just the permanent loan?

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CRA
#1807602 - 04/24/13 03:10 PM Re: Bridge loan Confused Again
bOaty Offline
Power Poster
bOaty
Joined: Aug 2006
Posts: 4,266
Chillin an grillin
I would look to the definition of CD loan and make sure the loan meets that definition. There is not an exemption based on term of the loan.
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