Małe firmy · 11/09/2001
Business Loan Program and Office of Hearings and Appeals
SBA is implementing changes to the microloan program as required by law. This final rule terminates the designation of the microloan program as a "demonstration," allows a nonprofit child care business to qualify for the microloan program, and authorizes a microloan intermediary to use up to 25 percent of grant funds for technical assistance to prospective microloan borrowers. This final rule also establishes procedures for SBA to revoke or suspend a microloan intermediary or non-lending technical assistance provider.