seasoned direct loan borrower
Defined in 1 place of the United States Code.
The term “seasoned direct loan borrower” means a borrower receiving a direct loan under this chapter who has been classified as “commercial” or “standard” under subpart W of part 2006 of the Instruction Manual (as in effect on January 1, 1991).
Source
- 1995–present7 U.S.C. § 1983AAgriculture · Prompt approval of loans and loan guarantees · under this chapter