Rule lifecycle · RIN:3245-AH87
Affiliation and Lending Criteria for the SBA Business Loan Programs; Correction
Small Business Administration — observed across 3 documents over 177 days. Use the source documents below before deciding whether this affects your business.
In plain English
The SBA corrected its rules about counting affiliated companies when determining small-business loan eligibility and updated lending standards. If your company combined with any related businesses you own exceeds the agency's size limits, you lose access to its loan programs.
First seen
Oct 26, 2022
Last seen
Apr 21, 2023
Latest stage
Rule
PRORULE → RULE
177d
Effective on
Thursday, May 11, 2023
Stage timeline
Proposed·Oct 26, 2022
Affiliation and Lending Criteria for the SBA Business Loan Programs
#2022-23167
Final·Apr 10, 2023
Affiliation and Lending Criteria for the SBA Business Loan Programs
effective May 11, 2023#2023-07173
Final·Apr 21, 2023
Affiliation and Lending Criteria for the SBA Business Loan Programs; Correction
effective May 11, 2023#2023-08396