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SBA RIN: 3245-AE14 Publication ID: Fall 2014 
Title: Lender Oversight Program 
Abstract: This rule implements the Small Business Administration's (SBA) statutory authority under the Small Business Act to regulate Small Business Lending Companies (SBLCs) and non-federally regulated lenders (NFRLs). It also conforms SBA rules for the section 7(a) Business Loan Program and the Certified Development Company (CDC) Program. In particular, this rule: (1) Defines SBLCs and NFRLs; (2) clarifies SBA's authority to regulate SBLCs and NFRLs; (3) authorizes SBA to set certain minimum capital standards for SBLCs, to issue cease and desist orders, and revoke or suspend lending authority of SBLCs and NFRLs; (4) establishes the Bureau of Premier Certified Lender Program Oversight in the Office of Credit Risk Management; (5) transfers existing SBA enforcement authority over CDCs from the Office of Financial Assistance to the appropriate official in the Office of Capital Access; and (6) defines SBA's oversight and enforcement authorities relative to all SBA lenders participating in the 7(a) and CDC programs and intermediaries in the Microloan program. 
Agency: Small Business Administration(SBA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 13 CFR 120   
Legal Authority: 15 USC 634(b)(6),(b)(7),(b)(14),(h) and note    687(f),697e(c)(8), and 650   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  10/31/2007  72 FR 61752   
NPRM Comment Period Extended  12/20/2007  72 FR 72264   
NPRM Comment Period End  02/29/2008    
Interim Final Rule  12/11/2008  73 FR 75498   
Interim Final Rule Comment Period End  03/11/2009    
Interim Final Rule Effective  01/12/2009    
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: Yes 
Agency Contact:
Brent Ciurlino
Director, Office of Credit Risk Management
Small Business Administration
409 3rd Street SW.,
Washington, DC 20416
Phone:202 205-6538
Email: brent.ciurlino@sba.gov