### Question
How does COMMUNITY DEVELOPMENT BANKING define early loan?


### Answer
Under *12 U.S.C. § 4742*, **early loan** is defined as:

> a loan enrolled at a time when the aggregate covered amount of loans previously enrolled under the Program by a particular participating financial institution is less than $5,000,000

#### Citation:
  - *12 U.S.C. § 4742*
  - Heading: **CHAPTER 47-COMMUNITY DEVELOPMENT BANKING > SUBCHAPTER II-SMALL BUSINESS CAPITAL ENHANCEMENT**

