§ 120.1717 - Seller's Pool Loan deferments.

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Without the prior written consent of SBA, Seller, at the request of Obligor, may grant one deferment of Obligor's scheduled payments for a continuous period not to exceed three months of past or future installments. Seller shall immediately notify CSA of any payment deferment and that notification shall include:

The SBA Pool Loan number;

The Obligor's name;

The terms of such deferment;

The date Obligor is to resume payment; and

Reconfirmation of the basis of interest calculation (e.g. 30/360 or Actual Days/365).