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Business Loan Program and Office of Hearings and Appeals

SBA · final-rule · Published 2001-09-11 · Effective 2001-10-11 · 66 FR 47072

Document

Document number
01-22193
Federal Register citation
66 FR 47072
CFR reference
13 CFR 120
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
2001-09-11
Effective date
2001-10-11

Abstract

SBA is implementing changes to the microloan program as required by law. This final rule terminates the designation of the microloan program as a "demonstration," allows a nonprofit child care business to qualify for the microloan program, and authorizes a microloan intermediary to use up to 25 percent of grant funds for technical assistance to prospective microloan borrowers. This final rule also establishes procedures for SBA to revoke or suspend a microloan intermediary or non-lending technical assistance provider.

Source

Authoritative
Federal Register document
Machine
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