{"abstract":"The U.S. Small Business Administration (SBA) is amending its Microloan Program regulations to reflect statutory changes to the Microloan Program contained in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. The changes increase the total amount an Intermediary may borrow under the Microloan Program per year and in aggregate, expand eligibility for Intermediaries to receive a bonus grant and add the necessary definitions, and revise the eligible base grant award amount for Intermediaries under certain circumstances. This direct final rule conforms the regulations to the Act by adopting the new statutory requirements without change.","action":"Direct 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/2024/05/02/2024-09520.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"120","title":13}],"citation":"89 FR 35688","comment_url":null,"comments_close_on":"2024-06-03","correction_of":null,"corrections":[],"dates":"This rule is effective June 17, 2024 without further action, unless significant adverse comment is received by June 3, 2024. If significant adverse comment is received, SBA will publish a timely withdrawal of the rule in the Federal Register.","disposition_notes":null,"docket_ids":["Docket No. SBA-2023-0010"],"dockets":[{"supporting_documents":[],"agency_name":"SBA","documents":[{"comment_count":0,"comment_start_date":"2024-05-02","updated_at":"2024-09-03T16:57:16.987-04:00","comment_url":"https://www.regulations.gov/commenton/SBA-2023-0010-0002","allow_late_comments":false,"id":"SBA-2023-0010-0002","comment_end_date":"2024-06-04","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"SBA-2023-0010","title":"Microloan Program; Changes to the Microloan Program under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (PL 116-260)"}],"document_number":"2024-09520","effective_on":"2024-06-17","end_page":35690,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2024/05/02/2024-09520.xml","html_url":"https://www.federalregister.gov/documents/2024/05/02/2024-09520/microloan-program-changes-to-the-microloan-program-under-the-economic-aid-to-hard-hit-small","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2024-09520?publication_date=2024-05-02","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2024-05-02/2024-09520/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":480,"last_updated":"2026-08-23 20:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-05-02/pdf/2024-09520.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-09520.pdf?1714567530","publication_date":"2024-05-02","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2024/05/02/2024-09520.txt","regulation_id_number_info":{"3245-AH83":{"issue":"202310","html_url":"https://www.federalregister.gov/regulations/3245-AH83/changes-to-the-microloan-program-under-the-economic-aid-to-hard-hit-small-businesses-nonprofits-and-","title":"Changes to the Microloan Program Under the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202310&RIN=3245-AH83&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3245-AH83"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/3245-AH83/changes-to-the-microloan-program-under-the-economic-aid-to-hard-hit-small-businesses-nonprofits-and-","title":"Changes to the Microloan Program Under the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act"},"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-2023-0010","supporting_documents_count":0,"docket_id":"SBA-2023-0010","document_id":"SBA-2023-0010-0002","regulation_id_number":"3245-AH83","title":"Microloan Program; Changes to the Microloan Program under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (PL 116-260)","checked_regulationsdotgov_at":"2024-06-04T05:00:24Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":35688,"subtype":null,"title":"Microloan Program; Changes to the Microloan Program Under the Economic Aid To Hard-Hit Small Businesses, Nonprofits, and Venues Act","toc_doc":"Changes to the Microloan Program under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act","toc_subject":"Microloan Program:\n","topics":["Rural areas"],"type":"Rule","volume":89}