[Federal Register Volume 66, Number 208 (Friday, October 26, 2001)]
[Notices]
[Page 54319]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-27046]


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SMALL BUSINESS ADMINISTRATION


Announcement of the Extension of the LowDoc and SBAExpress Pilot 
Loan Programs

AGENCY: Small Business Administration.

ACTION: Notice of pilot extension.

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SUMMARY: The U.S. Small Business Administration (SBA) announces 
extension of the LowDoc and SBAExpress pilot loan programs until July 
1, 2002. This will allow time for the Agency to fully examine possible 
modifications and enhancements and to further consult with regulatory 
and lending institutions and with the small business community about 
desirable changes to the program.
    The LowDoc and SBAExpress pilot loan programs were established in 
1993 and 1995, respectively, to increase the number of smaller SBA 
loans by streamlining the application process for those loans, and to 
test the portfolio impact of transferring additional authority to SBA 
lenders.

FOR FURTHER INFORMATION CONTACT: LeAnn Oliver, Office of Financial 
Assistance, U.S. Small Business Administration, 409 Third Street, SW., 
Suite 8300, Washington, DC 20416; telephone (202) 205-6490.

    Dated: October 22, 2001.
Jane Palsgrove Butler,
Associate Administrator for Financial Assistance.
[FR Doc. 01-27046 Filed 10-25-01; 8:45 am]
BILLING CODE 8025-01-P