rural-development · Rural Utilities Service · Rule · Published 2023-11-24 · Effective 2023-11-24 · 88 FR 82225
Document
Document number
2023-25908
Federal Register citation
88 FR 82225
CFR reference
7 CFR 4279
Type
Rule
Action
Final rule.
Category
rural-development
Sub-agency
Rural Utilities Service
Publication date
2023-11-24
Effective date
2023-11-24
USDA docket
Docket No. RBS-20-BUSINESS-0016
Abstract
The Rural Business-Cooperative Service (RB-CS) (Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is issuing a final rule to amend the interim rule published on May 22, 2020. The interim rule amended 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. This final rule addresses public comments received on the interim rule and makes clarifying modifications identified by commenters and the Agency.