# Regulatory Reform Initiative: Intermediary Lending Pilot Program
> **US Small Business Administration** · Final rule. · Published 2020-11-27 · Effective 2020-12-28 · 85 FR 75833
## Document
- **Document number:** 2020-25555
- **Category:** final-rule
- **Agency:** US Small Business Administration
- **Federal Register citation:** 85 FR 75833
- **CFR reference:** 13 CFR 109
- **Publication date:** 2020-11-27
- **Effective date:** 2020-12-28
## Abstract

The U.S. Small Business Administration (SBA) is removing three regulations governing the application and selection process for Intermediary Lending Pilot (ILP) program Intermediaries. These regulations are no longer necessary because SBA is no longer authorized to select new ILP Intermediaries. The removal of these regulations will assist the public by simplifying SBA's regulations. SBA is also making two conforming amendments to avoid confusion.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/11/27/2020-25555/regulatory-reform-initiative-intermediary-lending-pilot-program)
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