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| View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
| SBA | RIN: 3245-AF99 | Publication ID: Fall 2010 |
| Title: Implementation of Small Business Disaster Response and Loan Improvement Act of 2008: Private Loan Disaster Program | |
| Abstract: This proposed rule would establish and implement a private disaster loan program under which SBA will guarantee loans made by qualified lenders to eligible small businesses and homeowners located in a catastrophic disaster area. Private disaster loans made under this programs will have the same terms and conditions as SBA's direct disaster loans. In addition, SBA will guarantee timely payment of principal and interest to the lender. SBA may guarantee up to 85 percent of any loan under this program and the maximum loan amount is $2 million. | |
| Agency: Small Business Administration(SBA) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 13 CFR 123 | |
| Legal Authority: 15 USC 636 | |
Legal Deadline:
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Timetable:
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| Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: None |
| Small Entities Affected: Businesses | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: Yes | |
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Agency Contact: Grady Hedgespeth Director, Office of Financial Assistance Small Business Administration 409 Third Street SW., Washington, DC 20416 Phone:202 205-7562 Fax:202 481-0248 Email: grady.hedgespeth@sba.gov |
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