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#2248446 - 01/31/21 07:48 PM CRA Small Business Less than $500
BankerProbs Offline
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Joined: Nov 2012
Posts: 9
Working with commercial loans, we don't normally have loans less than $500 but have a few PPP loans that are less than $500. I thought I recall that loans < $500 are not CRA Small Business reportable but can't be sure that my memory serves me correctly. I looked on FFIEC.org and did not find the latest CRA guide to verify.

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#2248539 - 02/02/21 06:01 PM Re: CRA Small Business Less than $500 BankerProbs
Michael Offline
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Joined: Jan 2016
Posts: 6
Loan amount can be reported as NA in this case.

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#2248586 - 02/03/21 04:41 AM Re: CRA Small Business Less than $500 BankerProbs
Len S Offline
Diamond Poster
Joined: Oct 2004
Posts: 2,090
Connecticut
The answer is found in the CRA Data Entry file specifications for the Microdata file and is "NA" as Michael has stated
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