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SBA

RIN: 3245-AH87

Publication ID: Fall 2021

Title: ●Affiliation and the Business Loan Programs
Abstract: SBA will publish an advance notice of proposed rulemaking to solicit comments from the public and industry regarding SBA’s affiliation rules. Under SBA’s affiliation rules for financial assistance programs, SBA may find a loan applicant to be affiliated with another concern. The concepts of affiliation need to be clear and easy to apply for borrowers, lenders, and other industry associates to ensure program compliance. SBA is seeking comments on the potential use of technology as part of the solution for the Business Loan Programs. Contractual controls and economic dependence are issues that impact certain agriculture industries and franchise relationships. SBA plans to review comments received and, as appropriate, amend the regulations for the affiliation principles applicable to SBA financial assistance programs.
Agency: Small Business Administration(SBA)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Prerule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 13 CFR 120 13 CFR 121
Legal Authority: secs. 7(a)(31) and 7(a)(34) of the Small Business Act

Legal Deadline: None

Timetable:

Action	Date	FR Cite
ANPRM	03/00/2022

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Dianna L. Seaborn Director, Office of Financial Assistance Small Business Administration 409 Third Street SW, Washington, DC 20416 Phone:202 205-3645 Email: dianna.seaborn@sba.gov