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SBA RIN: 3245-AH51 Publication ID: Fall 2022 
Title: Business Loan Program Temporary Changes; Paycheck Protection Program--Revisions to the Third and Sixth Interim Final Rules 

On April 2, 2020, the U.S. Small Business Administration (SBA) posted on its website an interim final rule relating to the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act) (published in the Federal Register on April 15, 2020).  Section 1102 of the Act temporarily adds a new product, titled the "Paycheck Protection Program,” to SBA’s 7(a) Loan Program.  Subsequently, SBA and Treasury issued additional interim final rules implementing the Paycheck Protection Program.  On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (Flexibility Act) was signed into law, amending the CARES Act.  This interim final rule revised interim final rules posted on SBA’s website on April 14, 2020 (published in the Federal Register on April 20, 2020) and April 28, 2020 (published in the Federal Register on May 4, 2020), by changing provisions to conform to the Flexibility Act.  Several of these amendments are retroactive to the date of enactment of the CARES Act, as required by section 3(d) of the Flexibility Act. This rule will be finalized and codified as part of a single consolidated rule.

Agency: Small Business Administration(SBA)  Priority: Economically Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 13 CFR 120   
Legal Authority: Pub. L. 116-136    Pub. L. 116-139    Pub. L. 116-142   
Legal Deadline:  None
Action Date FR Cite
Interim Final Rule Effective  03/27/2020 
Interim Final Rule Effective  06/05/2020 
Interim Final Rule Effective  06/16/2020 
Interim Final Rule  06/19/2020  85 FR 36997   
Interim Final Rule Comment Period End  07/20/2020 
Final Action  11/00/2023 
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:
Dianna L. Seaborn
Director, Office of Financial Assistance
Small Business Administration
409 Third Street SW,
Washington, DC 20416
Phone:202 205-3645