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Small Business Administration

CFR Citation: 13 CFR Part 120

RIN ID: RIN 3245-AE14

NOTICE: PROPOSED RULES

ACTION: Business loans:

DOCUMENT ACTION: Extension of comment period.

SUBJECT CATEGORY: SBA Lender Oversight Program

DATES: The comment period for the SBA Lender Oversight Program Notice and Request for Comments published October 31, 2007 (72 FR 61752) is extended through February 29, 2008.

DOCUMENT SUMMARY: On October 31, 2007, SBA published a proposed rule seeking comments on its proposal which would incorporate SBA's riskbased lender oversight program into SBA regulations. SBA is extending the comment period an additional 60 days from December 31, 2007 to February 29, 2008. The proposed rule is generating a significant level of interest. Given the scope of the proposal and the nature of the issues raised by the comments received to date, SBA believes the affected parties would find it beneficial to have more time to review the proposal and prepare their comments.

SUMMARY: Lender Oversight Program; comment period extension,


FOR FURTHER INFORMATION CONTACT Linda Rusche, Supervisory Financial Analyst, at (816) 4264860, or Bryan Hooper, Director, Office of Credit Risk Management, (202) 2053049.

Authority: 15 U.S.C. 634.

Dated: December 11, 2007.
Eric R. Zarnikow,
Associate Administrator for the Office of Capital Access.
[FR Doc. E724381 Filed 121907; 8:45 am]
BILLING CODE 802501P

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