Qualified Small Business Lending definition

Qualified Small Business Lending or “QSBL” means, with respect to any particular Dividend Period, the “Quarter-End Adjusted Qualified Small Business Lending” for such Dividend Period set forth in the applicable Supplemental Report.
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Qualified Small Business Lending or “QSBL” means, with respect to any particular Interest Period, the “Quarter-End Adjusted Qualified Small Business Lending” for such Interest Period set forth in the applicable Supplemental Report.
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Examples of Qualified Small Business Lending in a sentence

  • See the following chart for such an example, where the SBLF funding is received in the second quarter of 2011: If your initial Qualified Small Business Lending exceeds the baseline, as adjusted, by a sufficient percentage, your institution will qualify for a lower dividend rate.

  • The amount of Qualified Small Business Lending derived from the Call Report published in the preceding quarter will be compared to the baseline.This amount will reflect qualified loans that were outstanding at the end of the second preceding quarter.

  • If the institution’s Qualified Small Business Lending in the second quarter of 2013 is the same as or less than the baseline, however, the dividend rate will be 7% in the fourth quarter of 2013.

  • The resulting sum constitutes your Quarter-End Adjusted Qualified Small Business Lending.

  • For example, if the closing date occurs in the second quarter of 2011, the initial dividend rate will depend on the amount of Qualified Small Business Lending reflected in the SBLF Supplemental Report that was derived from the Call Report published in the first quarter of 2011, which will be the amount of qualified loans that were outstanding at the end of the fourth quarter of 2010.

  • If the amount of Qualified Small Business Lending as of the end of the eighth quarter after the closing date, as reflected in the Quarterly Supplemental Report submitted in the ninth quarter, reflects no increase at all over the baseline (that is, if such lending is the same as or less than the baseline), then the dividend rate will become 7% in the tenth quarter, continuing until theend of the four-and-one-half-year period after the closing date.

  • In the example above, the dividend rate for the third quarter of 2011 will depend on the amount of Qualified Small Business Lending reflected in the Supplemental Report derived from the Call Report published in the second quarter of 2011.

  • How to calculate changes in Qualified Small Business Lending and resulting dividend rate Your bank will calculate changes in Qualified Small Business Lending – both baseline and quarterly lending – using Supplemental Reports that are submitted to Treasury.

  • This calculation is important, because your institution’s increase in Qualified Small Business Lending can lower the dividend rate your institution pays.

  • The reports provide the calculation your institution will use to determine the dividend rate it will pay for its SBLF funding by comparing its Adjusted Quarter-End Qualified Small Business Lending to its Adjusetd Small Business Lending Baseline.

Related to Qualified Small Business Lending

  • Qualified small business means an entity, whether organized as a corporation, partnership, or proprietorship, organized for profit with its principal place of business located within this state and which meets the following criteria:

  • HUBZone small business concern means a small business concern that appears on the List of Qualified HUBZone Small Business Concerns maintained by the Small Business Administration.

  • Small business concern means a concern, including its affiliates, that is independently owned and operated, not dominant in the field of operation in which it is bidding on Government contracts, and qualified as a small business under the criteria in 13 CFR Part 121 and size standards in this solicitation.

  • Qualified veteran means a person who meets the following requirements:

  • Eligible small business means a business entity that, at the time

  • Small Business Act means the Small Business Act (15 U.S. Code Chapter 14A – Aid to Small Business).

  • Emerging small business means a small business concern whose size is no greater than 50 percent of the numerical size standard for the NAICS code designated.

  • Small business means a business that is a continuing, independent, for profit business which performs a commercially useful function with residence in Tennessee and has total gross receipts of no more than ten million dollars ($10,000,000) averaged over a three-year period or employs no more than ninety-nine (99) persons on a full-time basis.

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Small Business Enterprise (SBE) means a business that is certified as an SBE under this program or the following similar programs and meeting the below economic thresholds (Section III “Economic Size Standards”).

  • Veteran-owned small business concern means a small business concern—

  • Small business firm means a small business concern as defined at section 2 of Pub. L. 85-536 (15 U.S.C. 632) and implementing regulations of the Administrator of the Small Business Administration. For the purpose of this clause, the size standards for small business concerns involved in Government procurement and subcontracting at 13 CFR 121.3-8 and 13 CFR 121.3-12, respectively, will be used.

  • Women-owned small business concern means a small business concern-

  • Small Diversity business concern means a small business concern that is at least fifty-one (51) percent unconditionally owned by one or more individuals who are both socially and economically diverse, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one or more socially and economically diverse individuals and that has its management and daily business controlled by one or more such individuals. This term also means a small business concern that is at least fifty-one (51) percent unconditionally owned by an economically diverse Indian tribe or Native Hawaiian Organization, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one of these entities, that has its management and daily business controlled by members of an economically diverse Indian tribe or Native Hawaiian organization.

  • Federally Qualified Health Center means a non-administrative medical facility with a fixed permanent location that is identified on the following search engines and offers health services on a sliding scale payment system: http://findahealthcenter.hrsa.gov or http://www.ihs.gov/ or http://www.aachc.org/.

  • Small disadvantaged business concern means a small business concern that represents, as part of its offer that—

  • Small Business Enterprise means a for profit small business concern that is at least fifty one percent (51%) owned by one (1) or more individual(s) who are economically disadvantaged. “Economically Disadvantaged Individual” is defined in Appendix B-1, Definitions, in Notice of Requirements for Small Business Enterprise (SBE) Program.

  • Qualified GIC A guaranteed investment contract or surety bond providing for the investment of funds in the Custodial Account and insuring a minimum, fixed or floating rate of return on investments of such funds, which contract or surety bond shall:

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. 1.45D-1(d).

  • Veteran-owned Small Business Enterprise (VSBE) means A business that is verified by the Center for Verification and Evaluation (CVE) of the United States Department of Veterans Affairs as a veteran-owned small business. See Code of Maryland Regulations (COMAR) 21.11.13.

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • PTCE 95-60 As defined in Section 5.02(b). PUD: A planned unit development.

  • qualified U.S. Bank means a qualified U.S. bank as defined in Rule 17f-5 under the Investment Company Act of 1940;

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Certified nurse midwife means an advanced practice registered nurse who is certified in the