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Small Business Lending Company (SBLC) Moratorium Rescission and Removal of the Requirement for a Loan Authorization
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The U.S. Small Business Administration (SBA or Agency) is proposing to lift the moratorium on licensing new Small Business Lending Companies (SBLCs) and add a new type of entity called a Mission-Based SBLC. SBA is also proposing to remove the requirement for a Loan Authorization.