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SBA RIN: 3245-AH74 Publication ID: Fall 2022 
Title: Temporary 504 Express Loan Authority for Certified Development Companies Participating in the Accredited Lenders Program 
Abstract:

This interim final rule will implement the expanded authority granted to Accredited Lenders Program CDCs under section 328(b) of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act to make loans of not more than $500,000 in the 504 Loan Program.  This rule will establish the requirements for approving, authorizing, closing, and servicing these loans. 

 
Agency: Small Business Administration(SBA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 13 CFR 120   
Legal Authority: Pub. L. 116–260   
Legal Deadline:
Action Source Description Date
Other  Statutory  Pub. L. 116-260, Div. N, sec. 303  01/06/2021 
Timetable:
Action Date FR Cite
Interim Final Rule  06/27/2022  87 FR 37979   
Interim Final Rule Effective  06/27/2022  87 FR 37979   
Interim Final Rule Comment Period End  08/26/2022 
Final Action  02/00/2023 
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:
Linda Reilly
Chief, 504 Loan Program
Small Business Administration
409 Third Street SW,
Washington, DC 20416
Phone:202 604-5032
Email: linda.reilly@sba.gov