Section 103(c) of the Small Business Programs Improvement Act of 1996 (1996 legislation), enacted on September 30, 1996, authorizes SBA to continue its Low Documentation (LowDoc) loan program through lenders with significant experience in making small business loans. The Act requires SBA to promulgate regulations by December 31, 1996. This interim final rule implements this requirement. SBA is soliciting and will consider any comments it receives with respect to this interim final rule in making future adjustments.