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SBA | RIN: 3245-AH74 | Publication ID: Fall 2024 |
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. |
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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:
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Timetable:
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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 |