Director, Office of Financial Assistance

3245-AH80 202310 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3245 Small Business Administration SBA Disaster Loan Program Changes

This final rule will implement changes to the Disaster Loan Program regulations. For applications for COVID EIDL loans, in this rule SBA is changing the definition of affiliation, the eligible uses of loan proceeds, how to apply the size standard to certain hard-hit eligible entities and establishing a maximum loan limit for borrowers in a single corporate group. In addition, for all disaster assistance programs, in this rule SBA is changing which SBA official may make the decision on the appeal of an application that has been declined for a second time.

]]> Section 3(f)(1) Significant Previously Published in The Unified Agenda Final Rule Stage Yes No 13 CFR 121 13 CFR 123 Pub. L. 116-136 Pub. L. 116-139 Pub. L. 116-260 Pub. L. 117-2 ... No Interim Final Rule 09/08/2021 86 FR 50214 Interim Final Rule Effective 09/08/2021 Interim Final Rule Comment Period End 10/08/2021 Final Action 10/00/2024 No None No No No Dianna Seaborn L. Director, Office of Financial Assistance 3245 Small Business Administration SBA 202 205-3645 dianna.seaborn@sba.gov 409 Third Street SW, Washington DC 20416