Amendment status not verified — confirm the current text below against the official source.
Loanr how secured.-Every loan granted under this Act shaJI be secured by a mortgage upon the whole or such portion of the assets of the business or enterprise as the sanctioning authority may consider sufficient and where the whole of the assets of the business or enterprise 1s in the opinion of the sanctioning authority msuffic1ent, by such collateral security as may be required by the sanctioning authority and shall bear interest payable on such dates and at such rates as the Go- vernment may determine.