[Federal Register Volume 89, Number 164 (Friday, August 23, 2024)]
[Rules and Regulations]
[Pages 68090-68094]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-18083]


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SMALL BUSINESS ADMINISTRATION

13 CFR Part 120

[Docket Number SBA-2024-0006]
RIN 3245-AI17


Business Loan Program Temporary Changes; Paycheck Protection 
Program--Extension of Lender Records Retention Requirements

AGENCY: U.S. Small Business Administration.

ACTION: Interim final rule.

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SUMMARY: This interim final rule lengthens the required records 
retention for lenders that made loans under the Paycheck Protection 
Program (PPP) to ten years. PPP was established under the Coronavirus 
Aid, Relief, and Economic Security Act as a temporary emergency 
guaranteed loan program to provide economic relief to small businesses 
nationwide adversely impacted by the Coronavirus Disease 2019 (COVID-
19), as amended. SBA has issued a number of final rules implementing 
the PPP Program. This interim final rule harmonizes the PPP lender 
records retention requirements with subsequent legislation extending 
the statute of limitations for criminal charges and civil enforcement 
actions for alleged PPP borrower fraud to ten years after the offense.

DATES: 
    Effective date: The provisions of this interim final rule are 
effective August 22, 2024.
    Applicability date: This interim final rule applies to all PPP 
lender loan records. This includes PPP loan applications that were 
withdrawn, approved, denied or cancelled, and all other PPP lender loan 
records for PPP loans with an outstanding balance, PPP loans that have 
been forgiven, and PPP loans that are in repayment or have been paid in 
full by the borrower as of the effective date of this rule.\1\
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    \1\ To the extent that a federally regulated PPP lender 
destroyed any PPP loan records before the effective date of this 
rule in accordance with a general internal records retention policy 
that was acceptable to the PPP lender's federal regulator, SBA will 
not enforce compliance by that federally regulated PPP lender with 
respect to the PPP loan records that were destroyed before the 
effective date of this rule.
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    Comment date: Comments must be received on or before September 23, 
2024.

ADDRESSES: You may submit comments, identified by docket number SBA-
2024-0006 through the Federal eRulemaking Portal: http://www.regulations.gov. Follow the instructions for submitting comments.

[[Page 68091]]

    SBA will post all comments on www.regulations.gov. If you wish to 
submit confidential business information (CBI) as defined in the User 
Notice at www.regulations.gov, please send an email to [email protected]. 
All other comments must be submitted through the Federal eRulemaking 
Portal described above. Highlight the information that you consider to 
be CBI and explain why you believe SBA should hold this information as 
confidential. SBA will review the information and make the final 
determination whether it will publish the information.

FOR FURTHER INFORMATION CONTACT: A Call Center Representative at 833-
572-0502 or the local SBA Field Office; the list of offices can be 
found at https://www.sba.gov/tools/local-assistance/districtoffices. If 
you use a telecommunications device for the deaf (TDD) or a text 
telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1-
800-877-8339. Individuals with disabilities can obtain this document in 
an accessible format that may be provided in Rich Text Format (RTF) or 
text format (txt), a thumb drive, an mp3 file, Braille, large print, 
audiotape, or compact disc, or other accessible formats.

SUPPLEMENTARY INFORMATION:

I. Background Information

    On March 27, 2020, the Coronavirus Aid, Relief, and Economic 
Security Act (CARES Act) (Pub. L. 116-136) was enacted to provide 
emergency assistance and health care response for individuals, 
families, and businesses affected by the Coronavirus Disease 2019 
(COVID-19) pandemic. Section 1102 of the CARES Act temporarily 
permitted the Small Business Administration (SBA) to guarantee 100 
percent of 7(a) loans made by participating lenders under a new program 
titled the ``Paycheck Protection Program'' (PPP), pursuant to section 
7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) (First Draw 
PPP Loans). Section 1102(F)(ii)(I) of the CARES Act stated that all PPP 
lenders were deemed to have been delegated authority by the SBA 
Administrator to make and approve PPP loans (15 U.S.C. 
636(a)(36)(F)(ii)(I)). Section 1106 of the CARES Act provided for 
forgiveness of up to the full principal amount of qualifying loans 
guaranteed under the PPP. On April 24, 2020, the Paycheck Protection 
Program and Health Care Enhancement Act (Pub. L. 116-139) was enacted, 
which provided additional funding and authority for the PPP Program.
    On June 5, the Paycheck Protection Program Flexibility Act of 2020 
(PPP Flexibility Act) (Pub. L. 116-142) was enacted, which changed 
provisions of the PPP relating to the maturity of PPP loans, the 
deferral of PPP loan payments, and the forgiveness of PPP loans. On 
July 4, 2020, Public Law 116-147 extended SBA's authority to guarantee 
PPP loans to August 8, 2020.
    On December 27, 2020, the Economic Aid to Hard-Hit Small 
Businesses, Nonprofits and Venues Act (Economic Aid Act) (Pub. L. 116-
260) was enacted. The Economic Aid Act reauthorized lending under the 
PPP through March 31, 2021. The Economic Aid Act added a new temporary 
section 7(a)(37) to the Small Business Act, which authorized SBA to 
guarantee additional PPP loans (Second Draw PPP Loans) to certain 
eligible borrowers that previously received a First Draw PPP Loan under 
generally the same terms and conditions available under section 
7(a)(36) of the Small Business Act. The Economic Aid Act also 
redesignated section 1106 of the CARES Act as section 7A of the Small 
Business Act, to appear after section 7 of the Small Business Act.
    On March 11, 2021, the American Rescue Plan Act (ARPA) (Pub. L. 
117-2) was enacted, and among other things, expanded eligibility for 
First Draw PPP Loans and Second Draw PPP Loans. On March 30, 2021, the 
PPP Extension Act of 2021 (Pub. L. 117-6) was enacted, extending SBA's 
PPP program authority through June 30, 2021.
    From April 3, 2020, through August 8, 2020, when the 2020 round of 
PPP expired, SBA guaranteed over 5.2 million PPP loans made by over 
5,000 PPP lenders under delegated authority. Of the approximately 5,000 
lenders that participated in the PPP Program, approximately 4,900 were 
federally regulated lenders and several hundred were SBA Supervised 
Lenders (as defined in 13 CFR 120.10). From January 11, 2021, when the 
PPP reopened, through June 30, 2021, when the PPP program authority 
expired, SBA guaranteed over 6.6 million additional PPP loans made by 
PPP lenders under delegated authority. Thus, the total number of PPP 
loans guaranteed by SBA exceeds 11.8 million.\2\ The total dollar 
amount of the PPP loans guaranteed by SBA exceeds $806 billion.
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    \2\ In addition to the approximately 11.8 million loans 
guaranteed by SBA, there were also loans where the borrower's 
application was withdrawn by the borrower, declined by the PPP 
lender, or the PPP lender cancelled the loan guaranty.
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    Because the approximately 5,000 PPP lenders processed PPP loans 
under the delegated authority provided by the CARES Act, the PPP 
lenders were responsible for obtaining loan applications and supporting 
documentation and preparing the loan note and other closing 
documentation. The PPP lenders were not required to provide SBA with 
copies of the loan origination and closing documentation, but instead 
when the PPP lenders applied to SBA for the issuance of a PPP loan 
number, the PPP lenders were required to certify that they would retain 
those documents in their files. See, SBA Form 2484 (Lender's 
Application--Paycheck Protection Program Loan Guaranty) and SBA Form 
2484-SD (Lender's Application--Second Draw Loan Guaranty). The forms 
did not specify the length of time required to retain documents in 
their files.
    SBA posted the first interim final rule implementing the PPP on 
SBA's website on April 2, 2020, and published the rule in the Federal 
Register on April 15, 2020 (85 FR 20811). SBA subsequently issued 
numerous additional interim final rules. In particular, on February 5, 
2021, SBA published an interim final rule implementing Economic Aid Act 
changes related to the forgiveness and review of PPP loans (86 FR 8283) 
(Consolidated Forgiveness and Loan Review IFR).
    On August 5, 2022, President Biden signed the PPP and Bank Fraud 
Enforcement Harmonization Act of 2022 (Harmonization Act) (Pub. L. 117-
166). The Harmonization Act amends section 7(a) of the Small Business 
Act to provide, for both First Draw PPP Loans and Second Draw PPP 
Loans, that notwithstanding any other provision of law, any criminal 
charge or civil enforcement action alleging that a borrower engaged in 
fraud with respect to a PPP loan guaranteed by SBA shall be filed not 
later than 10 years after the offense was committed. The Harmonization 
Act was necessitated by the unprecedented volume of PPP loans, law 
enforcement estimates of the amount of fraud associated with these 
loans, and the tremendous strain on law enforcement resources in 
dealing not only with PPP Program fraud, but fraud in the other COVID-
19 pandemic assistance programs administered by SBA and other Federal 
agencies.\3\
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    \3\ On August 5, 2022, President Biden also signed the COVID-19 
EIDL Fraud Statute of Limitations Act of 2022 extending the statute 
of limitations for criminal or civil enforcement actions alleging 
that a borrower engaged in fraud in SBA's COVID EIDL disaster loan 
program, EIDL Advance program and Targeted EIDL Advance program to 
not later than ten years after the offense was committed.
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    SBA, with support from the Department of Justice (DOJ) and SBA's 
Office of Inspector General (OIG), which

[[Page 68092]]

are charged with investigating and prosecuting PPP fraud, is seeking to 
harmonize the records retention requirements applicable to PPP lenders 
by extending those requirements so that they are consistent with 
expanded statute of limitations in the Harmonization Act.
    As of December 31, 2023, U.S. Attorneys' Offices had criminally 
charged approximately 3,500 defendants in 2,388 pandemic fraud related 
cases, of which approximately 2,005 defendants had pleaded guilty or 
been convicted at trial.\4\ The fraud loss associated with these 
completed cases is more than $1.2 billion. While not all of the cases 
were related to the PPP Program, a substantial number were, and the 
U.S. Attorneys' Offices have a similar number of investigations open 
that are yet to be charged. Further, more than $1.4 billion in seizures 
and forfeiture orders have been issued to recover stolen CARES Act 
funds.
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    \4\ See, COVID-19 Fraud Enforcement Task Force 2024 Report 
(April 2024), https://www.justice.gov/coronavirus/media/1347161/dl?inline.
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    To date, the DOJ Civil Frauds Division has opened more than 800 new 
investigations relating to potential civil fraud enforcement in 
connection with the PPP Program. These include investigations 
implicating more than 5,000 individuals and entities and billions of 
dollars in pandemic relief funds. To date, DOJ has obtained more than 
450 civil settlements and judgments relating to the PPP Program, 
totaling more than $200 million. The number of civil fraud 
investigations relating to PPP borrowers has grown in volume every year 
since 2020, and DOJ believes that trend is likely to continue.
    Extending the PPP lender records retention requirements will ensure 
that PPP loan records remain available to law enforcement while they 
continue to investigate and prosecute PPP fraud during the expanded 
ten-year statute of limitations period authorized by the Harmonization 
Act.

II. Current SBA Records Retention Requirements for PPP Lenders

    The Consolidated Forgiveness and Loan Review IFR sets forth the 
current SBA records retention requirements for PPP lenders as follows:
    Lenders must comply with applicable SBA requirements for records 
retention, which for federally regulated lenders means compliance with 
the requirements of their federal financial institution regulator and 
for SBA supervised lenders (as defined in 13 CFR 120.10 and including 
PPP lenders with authority under SBA Form 3507) means compliance with 
13 CFR 120.461. (86 FR 8283, 8295). These records retention 
requirements apply to all PPP loan records, including First Draw PPP 
Loans and Second Draw PPP Loans.
    The records retention requirements in 13 CFR 120.461 for SBA 
Supervised Lenders provide as follows:
     Other preservation of records. An SBA Supervised Lender 
must preserve for at least 6 years following final disposition of each 
individual SBA loan:
    All applications for financing;
    Lending, participation, and escrow agreements;
    Financing instruments; and
    [cir] All other documents and supporting material relating to such 
loans, including correspondence.
    Id.
    As noted previously, several hundred SBA Supervised Lenders 
participated in the PPP Program. An SBA Supervised Lender is defined in 
13 CFR 120.10 as a 7(a) Lender that is either a Small Business Lending 
Company or a NFRL. A 7(a) Lender is defined in 13 CFR 120.10 as an 
institution that has executed a participation agreement with SBA under 
the guaranteed loan program.\5\ A Small Business Lending Company (SBLC) 
is defined in 13 CFR 120.10 as a non-depository lending institution 
that is SBA-licensed and is authorized by SBA to make loans pursuant to 
section 7(a) of the Small Business Act and loans to Intermediaries in 
SBA's Microloan program. An NFRL or Non-Federally Regulated Lender is 
defined in 13 CFR 120.10 as a business concern that is authorized by 
the SBA to make loans under section 7(a) and is subject to regulation 
by a state but whose lending activities are not regulated by a federal 
financial institution regulator. Many of the several hundred SBA 
Supervised Lenders that participated in the PPP Program did so under 
their existing SBA Form 750 (Loan Guaranty Agreement (Deferred 
Participation)) or SBA Form 750CA (Community Advantage Pilot Program 
Loan Guaranty Agreement (Deferred Participation)). Other SBA Supervised 
Lenders participated in PPP by signing an SBA Form 3507 (CARES Act 
Section 1102 Lender Agreement--Non-Bank and Non-Insured Depository 
Institution Lenders).\6\
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    \5\ Because PPP is authorized under section 7(a) of the Small 
Business Act, all lenders participating in the PPP Program are 7(a) 
Lenders.
    \6\ SBA Form 3507 lenders included numerous fintechs.
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    The overwhelming majority of lenders that participated in the PPP 
Program are not SBA Supervised Lenders. Instead, they are federally 
regulated lenders. The approximately 4,900 federally regulated lenders 
that participated in the PPP Program included those PPP lenders 
regulated by the Federal Deposit Insurance Corporation, the Federal 
Reserve, the Office of the Comptroller of the Currency, the National 
Credit Union Administration, and the Farm Credit Administration. Many 
of these federally regulated lenders participated in PPP under their 
existing SBA Form 750 (Loan Guaranty Agreement (Deferred 
Participation)). Other federally regulated lenders participated in PPP 
by signing an SBA Form 3506 (CARES Act Section 1102 Lender Agreement).
    Under the Consolidated Forgiveness and Loan Review IFR, federally 
regulated lenders that participated in the PPP Program are currently 
required to retain their PPP loan records in accordance with the 
records retention requirements imposed by their federal financial 
institution regulator. SBA has determined that there do not appear to 
be any consistent or specific time requirements imposed by federal 
financial institution regulators that are applicable to PPP records 
retention as a whole. Instead, federally regulated PPP lenders may 
implement and follow general internal records retention policies that 
are acceptable to their regulators. It is likely that many of these 
general internal records retention policies allow for periodic 
destruction of certain records after a loan is paid in full, which for 
PPP would include payment in full through forgiveness or otherwise.\7\ 
SBA has been making forgiveness payments to lenders on PPP loans since 
late 2020, so there is considerable time sensitivity associated with 
the need to extend the current PPP records retention requirements for 
federally regulated lenders.
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    \7\ See, e.g., 12 CFR part 749, Appendix A.
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    This interim final rule extends the records retention requirements 
for all PPP lenders to ten years from the date of final disposition of 
each individual PPP loan.

III. Interim Final Rule With Immediate Effective Date

    This interim final rule is being issued without advance notice and 
public comment because section 1114 of the CARES Act and section 303 of 
the Economic Aid Act authorize SBA to issue regulations to implement 
the PPP Program without regard to notice requirements. Congress 
designed the PPP as a temporary emergency program, and the issuance of 
this interim final rule under the statutory rulemaking

[[Page 68093]]

authority in the CARES Act and the Economic Aid Act is consistent with 
Congressional intent.
    SBA finds good cause for forgoing the advance notice-and-public-
comment procedure because that procedure would be impracticable. The 
earliest PPP loan was made in April 2020 and SBA began forgiving PPP 
loans in late 2020, so it is urgent that the PPP lender records 
retention requirements be extended to prevent the lapse of records 
retention requirements for and potential destruction of PPP records by 
federally regulated lenders that could result in the loss of records 
that need to be preserved for law enforcement purposes. As noted 
previously, the overwhelming majority of PPP lenders are federally 
regulated lenders. Under the Consolidated Forgiveness and Loan Review 
IFR, those approximately 4,900 lenders are currently required to follow 
the records retention requirements of their federal financial 
institution regulators. SBA has determined that there do not appear to 
be any consistent or specific time requirements imposed by federal 
financial institution regulators that are applicable to PPP records 
retention as a whole. Instead, federally regulated PPP lenders may 
implement and follow general internal records retention policies that 
are acceptable to their regulators. It is likely that many of these 
general internal records retention policies allow for periodic 
destruction of certain records after a loan is paid in full, which for 
PPP would include payment in full through forgiveness or otherwise. 
Since SBA began making forgiveness payments to PPP lenders starting in 
late 2020, it is urgent that the current PPP records retention 
requirements be extended to prevent the destruction of PPP loan 
records.
    Additionally, advising PPP lenders of the extended records 
retention requirement expeditiously will allow those lenders to adjust 
their systems and processes as soon as possible in order to comply with 
the newly extended records retention period. If SBA were to follow the 
advance notice-and-public-comment process, that would delay issuance of 
the rule by at least three months, during which time records that need 
to be preserved for law enforcement purposes are at risk of loss.
    For related reasons, SBA has determined that there is good cause to 
make this rule effective immediately. 5 U.S.C. 553(d)(3). An immediate 
effective date will prevent potential loss of records that need to be 
preserved for law enforcement purposes. Given the urgent need to 
preserve PPP loan records for law enforcement purposes, SBA has 
determined that it is impractical and not in the public interest to 
provide a delayed effective date. An immediate effective date will 
allow PPP lenders to adjust their systems and processes to prevent the 
loss of PPP loan records that need to be preserved for law enforcement 
purposes. In this rule, SBA is not imposing a new requirement on PPP 
lenders, rather SBA is extending an existing requirement of records 
retention. The systems and process that will need to be adjusted are 
those that prevent the periodic destruction of records, and SBA 
believes that PPP lenders do not need a delayed effective date to make 
these adjustments.
    Although this interim final rule is effective immediately, comments 
are solicited from interested members of the public on all aspects of 
the interim final rule. These comments must be submitted on or before 
September 23, 2024. SBA will consider these comments and the need for 
making any revisions as a result of these comments.

IV. Revisions to Prior PPP Rule

    To harmonize the PPP lender records retention requirements with the 
ten-year PPP fraud statute of limitations in the Harmonization Act, SBA 
is extending the records retention requirements for all PPP lenders to 
ten years from the date of final disposition of each individual PPP 
loan. The extended records retention requirements apply equally to 
federally regulated lenders (including lenders that executed an SBA 
Form 3506) and SBA Supervised Lenders (including lenders that executed 
an SBA Form 3507).
    Therefore, the following change is made to the Consolidated 
Forgiveness and Loan Review IFR:
    The last paragraph of Part V.1.c. of the Consolidated Forgiveness 
and Loan Review IFR (86 FR 8283, 8295) is revised to read as follows:
    1. SBA Reviews of Individual PPP Loans
    * * *
    c. When will SBA undertake a loan review?
    * * *
    All PPP lenders must preserve for at least 10 years following final 
disposition of each individual PPP loan:
    i. All applications for financing (including applications for 
withdrawn, approved, declined and cancelled loans);
    ii. Lending, participation, and escrow agreements;
    iii. Financing instruments; and
    iv. All other documents and supporting material relating to such 
loans, including correspondence.

V. Additional Information

    SBA may provide further guidance, if needed, through SBA notices 
that will be posted on SBA's website at www.sba.gov. Questions on the 
PPP Program may be directed to the Lender Relations Specialist in the 
local SBA Field Office. The local SBA Field Office may be found at 
https://www.sba.gov/tools/local-assistance/districtoffices.

Compliance With Executive Orders 12866, 12988, 13132 and 13563, the 
Congressional Review Act, the Administrative Procedure Act, the 
Paperwork Reduction Act (44 U.S.C. Ch. 35), and the Regulatory 
Flexibility Act (5 U.S.C. 601-612)

Executive Orders 12866 and 13563

    OMB's Office of Information and Regulatory Affairs (OIRA) has 
determined that this interim final rule is significant for the purposes 
of Executive Orders 12866 and 13563. SBA, however, is proceeding under 
the emergency provision at Executive Order 12866 section 6(a)(3)(D) 
based on the need to move expeditiously to preserve the PPP lender 
records for law enforcement purposes.
    This rule is necessary to prevent the loss of PPP loan records 
during the expanded statute of limitations period under the 
Harmonization Act. SBA anticipates that this rule will result in 
substantial benefits to law enforcement. As discussed above, as of 
December 31, 2023, DOJ has prosecuted thousands of cases of pandemic-
related criminal fraud involving over a billion dollars in fraud loss. 
DOJ has a similar number of investigations that are open and yet to be 
charged. There have also been over a billion dollars in seizures and 
forfeitures issued in connection with stolen CARES Act funds. Further, 
the DOJ Civil Frauds Division has over 800 pending investigations for 
civil fraud enforcement actions related to the PPP Program, involving 
thousands of individuals and entities and billions of dollars in 
losses. DOJ believes that the numbers of these civil fraud 
investigations will continue to grow.
    Extending the records retention requirements for PPP loan records 
will provide a substantial benefit to the government and the public by 
preserving records to allow law enforcement to continue to investigate 
and prosecute these criminal and civil fraud cases and recover taxpayer 
funds that were wrongfully obtained by these individuals and entities.
    In this rule, SBA is not imposing new records retention 
requirements on the PPP lenders. Instead, SBA is extending existing 
records retention requirements

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for an additional period of time to allow continued investigation and 
prosecution of criminal and civil fraud cases. For this reason, SBA 
expects the costs incurred by PPP lenders due to the expanded records 
retention requirements to be de minimis.

Congressional Review Act and Administrative Procedure Act

    The Congressional Review Act, 5 U.S.C. 801 et seq., as amended by 
the Small Business Regulatory Enforcement Fairness Act of 1996, 
generally provides a major rule cannot take effect until 60 days after 
it is published in the Federal Register. This rulemaking has been 
reviewed and determined by OMB not to be a ``major rule'' under 5 
U.S.C. 804(2).
    As explained above, SBA has found good cause to bypass the 
Administrative Procedure Act's notice-and-comment and 30-day effective 
date delay requirements. 5 U.S.C. 553(b)(B), (d)(3).

Executive Order 12988

    SBA has drafted this rule, to the extent practicable, in accordance 
with the standards set forth in section 3(a) and 3(b)(2) of Executive 
Order 12988, to minimize litigation, eliminate ambiguity, and reduce 
burden. The rule has no preemptive or retroactive effect.

Executive Order 13132

    SBA has determined that this rule will not have substantial direct 
effects on the States, on the relationship between the National 
Government and the States, or on the distribution of power and 
responsibilities among the various layers of government. Therefore, SBA 
has determined that this rule has no federalism implications warranting 
preparation of a federalism assessment.

Paperwork Reduction Act, 44 U.S.C. Chapter 35

    SBA has determined that this rule will require revisions to 
existing recordkeeping or reporting requirements of the PPP Program 
information collection, OMB Control Number 3245-0407. The revisions 
will have a de minimis effect on the costs associated with PPP lender 
recordkeeping. SBA has requested Office of Management and Budget (OMB) 
emergency approval of the revisions to the PPP lender recordkeeping 
requirements to prevent the loss of PPP loan records.

Regulatory Flexibility Act (RFA)

    The Regulatory Flexibility Act (RFA) generally requires that when 
an agency issues a proposed rule, or a final rule pursuant to section 
553(b) of the Administrative Procedure Act or another law, the agency 
must prepare a regulatory flexibility analysis that meets the 
requirements of the RFA and publish such analysis in the Federal 
Register. 5 U.S.C. 603, 604.
    Rules that are exempt from notice and comment are also exempt from 
the RFA requirements, including conducting a regulatory flexibility 
analysis, when among other things the agency for good cause finds that 
notice and public procedure are impracticable, unnecessary, or contrary 
to the public interest. SBA Office of Advocacy guide: How to Comply 
with the Regulatory Flexibility Act, Ch.1. p.9. Since this rule is 
exempt from notice and comment, SBA is not required to conduct a 
regulatory flexibility analysis.

    Authority: 15 U.S.C. 636(a)(36); 15 U.S.C. 636(a)(37); and 15 
U.S.C. 636m; Coronavirus Aid, Relief, and Economic Security Act, 
Pub. L. 116-136, section 1114, and Economic Aid to Hard-Hit Small 
Businesses, Nonprofits, and Venues Act, Pub. L. 116-260, section 
303; PPP and Bank Fraud Enforcement Harmonization Act of 2022, Pub. 
L. 117-166.

Isabella Casillas Guzman,
Administrator.
[FR Doc. 2024-18083 Filed 8-22-24; 8:45 am]
BILLING CODE 8026-09-P