Title 4 — SUPPLEMENTAL PROVISIONS SEC. 43.15.25. LIBERAL CONSTRUCTION.›Chapter 50 — NONPROFIT PERFORMING ARTS LOAN PROGRAM›Article III — LOAN REQUIREMENTS
SEC. 50.23. LOAN FEES AND INTEREST RATES; DEFERRALS AND WAIVERS.
San Francisco Administrative Code · edición 2025 · actualizado 2026-07-08 · San Francisco
Esta sección aún no está traducida y se muestra en inglés.
A one percent loan fee on the principal of the loan shall be levied for all loans made under this Chapter. An interest rate of three percent simple interest shall also be levied by the Director.
In individual cases of documented hardship, the Director may either waive payment of the loan fee or defer it until the termination of the loan. The Director shall promulgate rules and regulations which shall be applied in making determinations of such waivers and deferrals.
(Added by Ord. 69-84, App. 2/15/84)