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SBA RIN: 3245-AH80 Publication ID: Fall 2024 
Title: Disaster Loan Program Changes 
Abstract:

This final rule will implement changes to the Disaster Loan Program regulations. In the Interim Final Rule, for applications for COVID-19 EIDL loans, SBA made changes to the definition of affiliation, the eligible uses of loan proceeds, how to apply the size standard to certain hard-hit eligible entities, and established a maximum loan limit for borrowers in a single corporate group. In addition, under this rule SBA changed which SBA official may make the decision on the appeal of an application that has been declined for a second time. 

 
Agency: Small Business Administration(SBA)  Priority: Section 3(f)(1) 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 121    13 CFR 123   
Legal Authority: Pub. L. 116-136    Pub. L. 116-139    Pub. L. 116-260    Pub. L. 117-2    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule Effective  09/08/2021 
Interim Final Rule Comment Period End  10/08/2021 
Final Action  10/00/2025 
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:
Alejandro Contreras
Acting Director, Office of Financial Assistance
Small Business Administration
409 Third Street SW.,
Washington, DC 20416
Phone:202 205-6674
Email: alejandro.contreras@sba.gov