# Affiliation and Lending Criteria for the SBA Business Loan Programs; Correction
> **US Small Business Administration** · Final rule; correction. · Published 2023-04-21 · Effective 2023-05-11 · 88 FR 24474
## Document
- **Document number:** 2023-08396
- **Category:** final-rule
- **Agency:** US Small Business Administration
- **Federal Register citation:** 88 FR 24474
- **CFR reference:** 13 CFR 120
- **Publication date:** 2023-04-21
- **Effective date:** 2023-05-11
## Abstract

The U.S. Small Business Administration (SBA or Agency) is correcting a final rule that appeared in the Federal Register on April 10, 2023. The document issued a final rule that amended various regulations governing SBA's 7(a) Loan Program and 504 Loan Program, including regulations on use of proceeds for partial changes of ownership, lending criteria, loan conditions, reconsiderations, and affiliation standards, to expand access to capital to small businesses and drive economic recovery.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2023/04/21/2023-08396/affiliation-and-lending-criteria-for-the-sba-business-loan-programs-correction)
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