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SBA RIN: 3245-AI26 Publication ID: Spring 2025 
Title: ●504 Modernization 
Abstract:

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.

 
Agency: Small Business Administration(SBA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Not subject to, not significant 
CFR Citation: 13 CFR Part 120     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: Small Business Act    Small Business Investment Act   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/00/2025 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Linda Reilly
Chief, 504 Loan Division
Small Business Administration
409 Third Street SW,
Washington, DC 20416
Phone:202 604-5032
Email: linda.reilly@sba.gov