SBA SOP 50 10 8, C.Ch1.C.17 — Ineligible 504 Projects
Verbatim text of SBA SOP 50 10 8 section C.Ch1.C.17 (Ineligible 504 Projects), effective 2025-06-01. 1 provision(s) quoted from the SOP PDF. SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.
Verbatim regulatory text
Verbatim provisions from SBA SOP 50 10 8, C.Ch1.C.17 — Ineligible 504 Projects — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
SOP 50 10 8 C.Ch1.C.17
17. Ineligible 504 Projects 13 CFR § 120.881 Relocation out of a Community – A Project cannot be approved under the 504 Loan Program if the Project involves the relocation of a business out of a community and will either have a net reduction of one-third of its jobs or cause a substantial increase in unemployment in any area of the country. An exception may be allowed if the CDC can justify the relocation as outlined in 13 CFR §§ 120.881(a)(1) and 120.881(a)(2); and Projects in foreign countries.
Operationalizing SBA SOP 50 10 8, C.Ch1.C.17 — Ineligible 504 Projects
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To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/sba-sop-c-ch1-c-17/
· register sba-sop-c-ch1-c-17 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.