Federal Register - "Disaster Assistance Loan Program; Disaster Loan Credit and Collateral Requirements"

EPA disasters - Knowledge Mosaic RSS 2016-10-08

Summary:

Title: Disaster Assistance Loan Program; Disaster Loan Credit and Collateral Requirements Source: Federal Register Data/Action: Small Business Administration (Final Rule) Date: 9/15/2016 Text Preview: ...Disaster Assistance Loan Program; Disaster Loan Credit and Collateral Requirements AGENCY: U.S. Small Business Administration. ACTION: Final rule. ----------------------------------------------------------------------- SUMMARY: On April 25, 2014, the Small Business Administration (SBA) published in the Federal Register an interim final rule amending its disaster loan program regulations in response to Hurricane Sandy Rebuilding Task Force recommendations. The first change allowed SBA to rely on the disaster... ...disaster assistance funds that can be immediately disbursed to borrowers by raising the unsecured threshold for economic injury loans for all disasters and for physical damage loans for major disasters. SBA received no comments on its interim final rule; therefore, SBA adopts the interim final rule without change. DATES: This final rule is effective September 15, 2016. FOR FURTHER INFORMATION CONTACT: Eric Wall, Office of Disaster Assistance, 409 3rd St. SW., Washington, DC 20416, (202) 205-6739. SUPPLEMENTARY INFORMATION: I. Background The Hurricane... ...13632, Establishing the Hurricane Sandy Task Force (December 7, 2012). This Task Force was established to ensure the recovery effort benefitted from cabinet-level...

Link:

http://www.lexissecuritiesmosaic.com/net/public/HLog.aspx?frompage=alert&uid=85925&gourl=http%3a%2f%2fwww.lexissecuritiesmosaic.com%2fgateway%2ffedreg%2f2016-21512.pdf

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Tags:

laws rules and agencies materials

Date tagged:

10/08/2016, 21:54

Date published:

09/15/2016, 04:00