# Business Loans and Development Company Loans
> **US Small Business Administration** · Direct final rule. · Published 2003-08-28 · Effective 2003-10-14 · 68 FR 51677
## Document
- **Document number:** 03-22012
- **Category:** final-rule
- **Agency:** US Small Business Administration
- **Federal Register citation:** 68 FR 51677
- **CFR reference:** 13 CFR 120
- **Publication date:** 2003-08-28
- **Effective date:** 2003-10-14
## Abstract

Statutory amendments to the Small Business Act require changes to SBA rules concerning maximum loan guaranty and gross loan amounts, percentages of financing which can be guaranteed by SBA, guarantee fees paid by lenders, real estate occupancy rules, and borrower subsidy recoupment fees. This direct final rule implements the statutory provisions.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/08/28/03-22012/business-loans-and-development-company-loans)
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