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Regulatory Information
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2020-04-15
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Business Loan Program Temporary Changes; Paycheck Protection Program
Rules and Regulations
D09002ee1c110527e
D09002ee1c11053a3
United States
Small Business Administration
originator
org
United States Government Agency or Subagency
Elsewhere in this issue of the Federal Register, the U.S. Small Business Administration (SBA) is publishing an interim final rule (the Initial Rule) announcing the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily adds a new program, titled the ``Paycheck Protection Program,'' to the SBA's 7(a) Loan Program. Section 1106 of the Act provides for forgiveness of up to the full principal amount of qualifying loans guaranteed under the Paycheck Protection Program. The Paycheck Protection Program and loan forgiveness are intended to provide economic relief to small businesses nationwide adversely impacted by the Coronavirus Disease 2019 (COVID- 19). This interim final rule supplements the Initial Rule with additional guidance regarding the application of certain affiliate rules applicable to SBA's implementation of sections 1102 and 1106 of the Act and requests public comment.
85 FR 20817
https://www.govinfo.gov/app/details/FR-2020-04-15/2020-07673
2020-07673
fr15ap20-2
RIN 3245-AH35
P
Docket No. SBA-2020-0019
https://www.govinfo.gov/app/details/FR-2020-04-15/2020-07673
https://www.govinfo.gov/content/pkg/FR-2020-04-15/html/2020-07673.htm
https://www.govinfo.gov/content/pkg/FR-2020-04-15/pdf/2020-07673.pdf
Administrative Practice and Procedure
Authority Delegations (Government Agencies)
Intergovernmental Relations
Investigations
Reporting and Recordkeeping Requirements
5 p.
20817
20821
85 FR 20817
Code of Federal Regulations
Title 13 Part 121
13 CFR Part 121
Regulation Identification Number 3245-AH35
RIN 3245-AH35
Business Loan Program Temporary Changes; Paycheck Protection Program; Federal Register Vol. 85, Issue
RULE
2020-07673
SMALL BUSINESS ADMINISTRATION
2020-04-15
Docket No. SBA-2020-0019
P
2020-07673
Interim final rule.
Elsewhere in this issue of the Federal Register, the U.S. Small Business Administration (SBA) is publishing an interim final rule (the Initial Rule) announcing the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily adds a new program, titled the ``Paycheck Protection Program,'' to the SBA's 7(a) Loan Program. Section 1106 of the Act provides for forgiveness of up to the full principal amount of qualifying loans guaranteed under the Paycheck Protection Program. The Paycheck Protection Program and loan forgiveness are intended to provide economic relief to small businesses nationwide adversely impacted by the Coronavirus Disease 2019 (COVID- 19). This interim final rule supplements the Initial Rule with additional guidance regarding the application of certain affiliate rules applicable to SBA's implementation of sections 1102 and 1106 of the Act and requests public comment.
Effective date: This interim final rule is effective April 15, 2020.
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.
Administrative Practice and Procedure
Authority Delegations (Government Agencies)
Intergovernmental Relations
Investigations
Reporting and Recordkeeping Requirements
ppp-ifr@sba.gov
http://www.regulations.gov
https://www.sba.gov/tools/local-assistance/districtoffices
www.regulations.gov
www.sba.gov
Federal Register
Vol. 85, no. 73
Office of the Federal Register, National Archives and Records Administration
2020-04-15
continuing
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271 p.
Table of Contents:
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https://www.govinfo.gov/app/details/FR-2020-04-15
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https://www.govinfo.gov/app/details/FR-2020-04-15
https://www.govinfo.gov/content/pkg/FR-2020-04-15/pdf/FR-2020-04-15.pdf
https://www.govinfo.gov/content/pkg/FR-2020-04-15/xml/FR-2020-04-15.xml
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