Federal Register: October 10, 2006 (Volume 71, Number 195)
DOCID: FR Doc E6-16750
SMALL BUSINESS ADMINISTRATION
Small Business Administration
CFR Citation: 13 CFR Part 120
RIN ID: RIN 3245-AF49
NOTICE: PROPOSED RULES
ACTION: Business loans:
DOCUMENT ACTION: Proposed rule, notice of reopening of comment period and correction.
Business Loan Program; Lender Examination and Review Fees
DATES: Comments on the proposed rule on Business Loan Program, Lender Examination and Review Fees, 71 FR 52296, must be received on or before November 9, 2006.
On September 5, 2006, SBA published in the Federal Register a proposed rule on Business Loan Program; Lender Examination and Review Fees (71 FR 52296). This proposed rule implements a recent amendment to the Small Business Act authorizing SBA to assess fees to lenders participating in SBA's 7(a) loan guarantee program to cover the costs of examinations, reviews, and other Lender Oversight activities. The original comment period was from September 5, 2006, through October 5, 2006. SBA is reopening the comment period until November 9, 2006. Given the significant level of interest the proposed rule has generated, SBA believes the affected parties would find it beneficial to have more time to review the proposal and prepare their comments.
In addition SBA is correcting the Addresses section of the proposed rule by eliminating the Agency Web Site address and amending the Email address to Proposedfeerule@sba.gov.
Lender examination and review fees,
FOR FURTHER INFORMATION CONTACT
John M. White, Deputy Associate
Administrator, Office of Lender Oversight at (202) 2053049,
email@example.com; or Paul Bishop, Financial Analyst, Office of Lender Oversight, (202) 2057516; firstname.lastname@example.org. (Authority: 15 U.S.C. 363)
Dated: October 4, 2006.
Michael W. Hager,
Associate Deputy Administrator for the Office of Capital Access. [FR Doc. E616750 Filed 10606; 8:45 am]
BILLING CODE 802501P