{"abstract":"The U.S. Small Business Administration (SBA or Agency) is amending its business loan program regulations to lift the moratorium on licensing new Small Business Lending Companies (SBLCs) and add a new type of lending entity called a Community Advantage SBLC. SBA is also removing the requirement for a Loan Authorization in the 7(a) and 504 Loan Programs.","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/2023/04/12/2023-07181.html","cfr_references":[{"chapter":null,"citation_url":null,"part":120,"title":13}],"citation":"88 FR 21890","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This rule is effective May 12, 2023.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"SBA","documents":[{"comment_count":0,"comment_start_date":"2023-04-12","updated_at":"2023-04-12T08:57:10.717-04:00","comment_url":"https://www.regulations.gov/commenton/SBA_FRDOC_0001-0449","allow_late_comments":null,"id":"SBA_FRDOC_0001-0449","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":"2023-07181","effective_on":"2023-05-12","end_page":21900,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2023/04/12/2023-07181.xml","html_url":"https://www.federalregister.gov/documents/2023/04/12/2023-07181/small-business-lending-company-sblc-moratorium-rescission-and-removal-of-the-requirement-for-a-loan","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2023-07181?publication_date=2023-04-12","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2023-04-12/2023-07181/mods.xml","not_received_for_publication":null,"page_length":11,"page_views":{"count":8343,"last_updated":"2026-04-17 22:15:06 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-04-12/pdf/2023-07181.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-07181.pdf?1681217115","publication_date":"2023-04-12","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2023/04/12/2023-07181.txt","regulation_id_number_info":{"3245-AH92":{"issue":"202210","html_url":"https://www.federalregister.gov/regulations/3245-AH92/small-business-lending-company-sblc-moratorium-rescission-and-removal-of-the-requirement-for-a-loan-","title":"Small Business Lending Company (SBLC) Moratorium Rescission and Removal of the Requirement for a Loan Authorization","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202210&RIN=3245-AH92&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["3245-AH92"],"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_0001-0449","regulation_id_number":null,"title":"Recently Posted SBA Rules and Notices.","checked_regulationsdotgov_at":"2023-04-13T12:00:10Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":21890,"subtype":null,"title":"Small Business Lending Company (SBLC) Moratorium Rescission and Removal of the Requirement for a Loan Authorization","toc_doc":"Small Business Lending Company Moratorium Rescission and Removal of the Requirement for a Loan Authorization","toc_subject":null,"topics":["Community development","Loan programs-business","Reporting and recordkeeping requirements","Small businesses"],"type":"Rule","volume":88}