Updates to Servicing Requirements for Business & Industry Guaranteed Loans
rural-development · Rural Utilities Service · Rule · Published 2022-09-23 · Effective 2022-10-24 · 87 FR 58019
Document
Document number
2022-20652
Federal Register citation
87 FR 58019
CFR reference
7 CFR 4287
Type
Rule
Action
Final rule.
Category
rural-development
Sub-agency
Rural Utilities Service
Publication date
2022-09-23
Effective date
2022-10-24
USDA docket
Docket No. RBS-22-BUSINESS-0018
Abstract
The Rural Business Cooperative Service (RBCS or the Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is revising their servicing requirements for the Business & Industry (B&I) Guaranteed Program to clarify the current regulation and update certain provisions to align with the OneRD Guarantee Loan Initiative.