rural-development · Rural Utilities Service · Rule · Published 2020-05-22 · Effective 2020-05-22 · 85 FR 31035
Document
Document number
2020-11242
Federal Register citation
85 FR 31035
CFR reference
7 CFR 4279
Type
Rule
Action
Interim final rule.
Category
rural-development
Sub-agency
Rural Utilities Service
Publication date
2020-05-22
Effective date
2020-05-22
USDA docket
Docket No. RBS-20-BUSINESS- 0016
Abstract
The Rural Business-Cooperative Service (RBCS), a Rural Development agency of the United States Department of Agriculture (USDA), is issuing an interim final rule to update the Business and Industry (B&I) Guaranteed Loan Program to allow flexibility to obligate federal funds for guaranteed loans pursuant to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to the national COVID-19 Public Health Emergency. The RBCS is responsible for administering the B&I Guaranteed Loan Program.