# 7 C.F.R. § 1980.413 (2026): Transactions which will not be guaranteed

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_413

## Section

- **Citation:** 7 C.F.R. § 1980.413 (2026)
- **Heading:** Transactions which will not be guaranteed
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 7 CFR: Agriculture / Chapter XVIII: RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE / Part 1980: GENERAL / Subpart E: Business and Industrial Loan Program / § 1980.413: § 1980.413   Transactions which will not be guaranteed.

## Text

(a) The following transactions will not be guaranteed by the Agency:
(1) The guarantee of lease payments.
(2) The guarantee of loans made by other Federal agencies. This does not preclude the guaranteeing of loans made by the Bank for Cooperatives, Federal Land Bank, or Production Credit Association.
(3) The guarantee or making of any B&I loans(s), to any one borrower, when the total amount of the B&I loans(s) requested plus the outstanding balance of any existing B&I loan(s) is in excess of $10 million.
(b) Guaranteeing of loans involved in tax-exempt obligations under § 1980.23 of subpart A of this part.
Administrative
The State Director will consider the overall State allocations of funding authority in recommending loans for processing. Loan requests which fall within Small Business Administration (SBA) authority should continue to be referred to SBA. If the State Director decides to process SBA size loans, the loan file must be fully documented as to the reasons for such actions.
[52 FR 6501, Mar. 4, 1987, as amended at 53 FR 40401, Oct. 17, 1988]

## Nearby sections

- [7 C.F.R. § 1980.401 (2026) § 1980.401   Introduction.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_401.md)
- [7 C.F.R. § 1980.402 (2026) § 1980.402   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_402.md)
- [7 C.F.R. § 1980.403 (2026) § 1980.403   Citizenship of borrowers.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_403.md)
- [7 C.F.R. § 1980.405 (2026) § 1980.405   Rural areas.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_405.md)
- [7 C.F.R. § 1980.411 (2026) § 1980.411   Loan purposes.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_411.md)
- [7 C.F.R. § 1980.412 (2026) § 1980.412   Ineligible loan purposes.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_412.md)
- [7 C.F.R. § 1980.413 (2026) § 1980.413   Transactions which will not be guaranteed.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_413.md)
- [7 C.F.R. § 1980.414 (2026) § 1980.414   Fees and charges by lender and others.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_414.md)
- [7 C.F.R. § 1980.419 (2026) § 1980.419   Eligible lenders.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_419.md)
- [7 C.F.R. § 1980.420 (2026) § 1980.420   Loan guarantee limits.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_420.md)
- [7 C.F.R. § 1980.423 (2026) § 1980.423   Interest rates.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_423.md)
- [7 C.F.R. § 1980.424 (2026) § 1980.424   Term of loan repayment.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_424.md)
- [7 C.F.R. § 1980.425 (2026) § 1980.425   Availability of credit from other sources.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_425.md)
- [7 C.F.R. § 1980.432 (2026) § 1980.432   Environmental review requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_432.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T7_P1980_S1980_413. Check the current official text before relying on it. Not legal advice.