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    <RIN_INFO>
        <RIN>3245-AI26</RIN>
        <PUBLICATION>
            <PUBLICATION_ID>202504</PUBLICATION_ID>
            <PUBLICATION_TITLE>Unified Agenda of Federal Regulatory and Deregulatory Actions</PUBLICATION_TITLE>
        </PUBLICATION>
        <AGENCY>
            <CODE>3245</CODE>
            <NAME>Small Business Administration</NAME>
            <ACRONYM>SBA</ACRONYM>
        </AGENCY>
        <RULE_TITLE>504 Modernization</RULE_TITLE>
        <ABSTRACT><![CDATA[<!DOCTYPE html>
<html>
<head>
</head>
<body>
<p>SBA is identifying areas that require review in order to optimize program activity and streamline legacy processes, and further to comply with current Executive Orders since the last 504 regulatory program modernization took place in 2012-13.</p>
</body>
</html>]]></ABSTRACT>
        <PRIORITY_CATEGORY>Substantive, Nonsignificant</PRIORITY_CATEGORY>
        <RIN_STATUS>First Time Published in The Unified Agenda</RIN_STATUS>
        <RULE_STAGE>Proposed Rule Stage</RULE_STAGE>
        <MAJOR>No</MAJOR>
        <UNFUNDED_MANDATE_LIST>
            <UNFUNDED_MANDATE>No</UNFUNDED_MANDATE>
        </UNFUNDED_MANDATE_LIST>
        <EO_13771_DESIGNATION>Not subject to, not significant</EO_13771_DESIGNATION>
        <CFR_LIST>
            <CFR>13 CFR Part 120</CFR>
        </CFR_LIST>
        <LEGAL_AUTHORITY_LIST>
            <LEGAL_AUTHORITY>Small Business Act</LEGAL_AUTHORITY>
            <LEGAL_AUTHORITY>Small Business Investment Act</LEGAL_AUTHORITY>
        </LEGAL_AUTHORITY_LIST>
        <LEGAL_DLINE_LIST/>
        <RPLAN_ENTRY>No</RPLAN_ENTRY>
        <TIMETABLE_LIST>
            <TIMETABLE>
                <TTBL_ACTION>NPRM</TTBL_ACTION>
                <TTBL_DATE>09/00/2025</TTBL_DATE>
            </TIMETABLE>
        </TIMETABLE_LIST>
        <RFA_REQUIRED>No</RFA_REQUIRED>
        <GOVT_LEVEL_LIST>
            <GOVT_LEVEL>None</GOVT_LEVEL>
        </GOVT_LEVEL_LIST>
        <FEDERALISM>No</FEDERALISM>
        <PRINT_PAPER>No</PRINT_PAPER>
        <INTERNATIONAL_INTEREST>No</INTERNATIONAL_INTEREST>
        <AGENCY_CONTACT_LIST>
            <CONTACT>
                <FIRST_NAME>Linda</FIRST_NAME>
                <LAST_NAME>Reilly</LAST_NAME>
                <TITLE>Chief, 504 Loan Division</TITLE>
                <AGENCY>
                    <CODE>3245</CODE>
                    <NAME>Small Business Administration</NAME>
                    <ACRONYM>SBA</ACRONYM>
                </AGENCY>
                <PHONE>202 604-5032</PHONE>
                <EMAIL>linda.reilly@sba.gov </EMAIL>
                <MAILING_ADDRESS>
                    <STREET_ADDRESS>409 Third Street SW,</STREET_ADDRESS>
                    <CITY>Washington</CITY>
                    <STATE>DC</STATE>
                    <ZIP>20416</ZIP>
                </MAILING_ADDRESS>
            </CONTACT>
        </AGENCY_CONTACT_LIST>
    </RIN_INFO>
</REGINFO_RIN_DATA>
