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(iv) The new covered longer-term loan would result in the consumer receiving no disbursement of loan proceeds or an amount of funds as disbursement of the loan proceeds that would not substantially exceed the amount of payment or payments that would be due on the outstanding loan within 30 days of consummation of the new covered longer-term loan, top online payday loans in Tennessee.
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Following the lead of the Small Business Administration's standards, it's generally fair to say that any individual with a 20 percent or greater stake in a small business should be part of the loan-gurantee process.