{"abstract":"The U.S. Small Business Administration (SBA or Agency) is amending 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. The amendments to affiliation standards will also apply to the Microloan Program, Intermediary Lending Pilot Program, Surety Bond Guarantee Program, and the Disaster Loan programs (except for the COVID Economic Injury Disaster Loan (EIDL) Disaster Loan Program).","action":"Final rule.","agencies":[{"raw_name":"SMALL BUSINESS ADMINISTRATION","name":"Small Business Administration","id":468,"url":"https://www.federalregister.gov/agencies/small-business-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/468","parent_id":null,"slug":"small-business-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2023/04/10/2023-07173.html","cfr_references":[{"chapter":null,"citation_url":null,"part":120,"title":13},{"chapter":null,"citation_url":null,"part":121,"title":13}],"citation":"88 FR 21074","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This rule is effective May 11, 2023.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"SBA","documents":[{"comment_count":0,"comment_start_date":"2023-04-10","updated_at":"2023-04-10T16:56:17.896-04:00","comment_url":"https://www.regulations.gov/commenton/SBA_FRDOC_0001-0447","allow_late_comments":null,"id":"SBA_FRDOC_0001-0447","comment_end_date":null,"regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"SBA_FRDOC_0001","title":"Recently Posted SBA Rules and Notices."}],"document_number":"2023-07173","effective_on":"2023-05-11","end_page":21086,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2023/04/10/2023-07173.xml","html_url":"https://www.federalregister.gov/documents/2023/04/10/2023-07173/affiliation-and-lending-criteria-for-the-sba-business-loan-programs","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2023-07173?publication_date=2023-04-10","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2023-04-10/2023-07173/mods.xml","not_received_for_publication":null,"page_length":13,"page_views":{"count":16834,"last_updated":"2026-04-04 16:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-04-10/pdf/2023-07173.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-07173.pdf?1680871516","publication_date":"2023-04-10","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2023/04/10/2023-07173.txt","regulation_id_number_info":{"3245-AH87":{"issue":"202210","html_url":"https://www.federalregister.gov/regulations/3245-AH87/affiliation-and-lending-criteria-for-the-sba-business-loan-programs","title":"Affiliation and Lending Criteria for the SBA Business Loan Programs","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202210&RIN=3245-AH87&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["3245-AH87"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":0,"agency_id":"SBA","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=SBA_FRDOC_0001","supporting_documents_count":0,"docket_id":"SBA_FRDOC_0001","document_id":"SBA_FRDOC_0001-0447","regulation_id_number":null,"title":"Recently Posted SBA Rules and Notices.","checked_regulationsdotgov_at":"2023-04-11T12:00:12Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":21074,"subtype":null,"title":"Affiliation and Lending Criteria for the SBA Business Loan Programs","toc_doc":"Affiliation and Lending Criteria for the SBA Business Loan Programs","toc_subject":null,"topics":["Community development","Loan programs-business","Reporting and recordkeeping requirements","Small businesses"],"type":"Rule","volume":88}