[Federal Register Volume 88, Number 77 (Friday, April 21, 2023)]
[Rules and Regulations]
[Page 24474]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-08396]


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SMALL BUSINESS ADMINISTRATION

13 CFR Parts 120 and 121

RIN 3245-AH87


Affiliation and Lending Criteria for the SBA Business Loan 
Programs; Correction

AGENCY: U.S. Small Business Administration.

ACTION: Final rule; correction.

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SUMMARY: The U.S. Small Business Administration (SBA or Agency) is 
correcting a final rule that appeared in the Federal Register on April 
10, 2023. The document issued a final rule that amended 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.

DATES: Effective May 11, 2023.

FOR FURTHER INFORMATION CONTACT: Dianna Seaborn, Director, Office of 
Financial Assistance, Office of Capital Access, Small Business 
Administration, at (202) 205-3645 or [email protected]. The phone 
number above may also be reached by individuals who are deaf or hard of 
hearing, or who have speech disabilities, through the Federal 
Communications Commission's TTY-Based Telecommunications Relay Service 
teletype service at 711.

SUPPLEMENTARY INFORMATION: In FR Doc. 2023-07173 appearing on page 
21074 in the Federal Register on Monday, April 10, 2023, the following 
correction is made:


Sec.  120.193   [Corrected]

0
1. On page 21085, in the right column, instruction 5 is corrected to 
read ``5. Amend Sec.  120.193 by revising the last sentence and by 
adding two sentences at the end of the section to read as follows:''

    Dated: April 17, 2023.
Dianna Seaborn,
Director, Office of Financial Assistance.
[FR Doc. 2023-08396 Filed 4-20-23; 8:45 am]
BILLING CODE 8026-09-P