Express Bridge Loan Pilot Program; Modification of Eligibility and Loan Approval Deadline and Extension of Pilot Program, 18107-18108 [2020-06356]

Download as PDF Federal Register / Vol. 85, No. 63 / Wednesday, April 1, 2020 / Rules and Regulations E. Executive Order 13132—Federalism This rule will not have substantial direct effects on the States, on the relationship between the National Government and the States, or on the distribution of power and responsibilities among the various levels of government. Therefore, in accordance with section 6 of Executive Order 13132, this rule does not have sufficient federalism implications to warrant the preparation of a federalism summary impact statement. F. Executive Order 12988—Civil Justice Reform This rule meets the applicable standards set forth in sections 3(a) and 3(b)(2) of Executive Order 12988. G. Paperwork Reduction Act The provisions of the Paperwork Reduction Act of 1995, Public Law 104– 13, 44 U.S.C. chapter 35, and its implementing regulations, 5 CFR part 1320, do not apply to this final rule because there are no new or revised recordkeeping or reporting requirements. H. Congressional Review Act This is not a major rule as defined by 5 U.S.C. 804(2). This action pertains to agency organization, management, and personnel and, accordingly, is not a ‘‘rule’’ as that term is used in 5 U.S.C. 804(3). Therefore, the reports to Congress and the Government Accountability Office specified by 5 U.S.C. 801 are not required. List of Subjects in 8 CFR Part 1003 Administrative practice and procedure, Aliens, Immigration, Legal services, Organization and functions (Government agencies). Accordingly, for the reasons stated in the preamble, part 1003 of title 8 of the Code of Federal Regulations is amended as follows: PART 1003—EXECUTIVE OFFICE FOR IMMIGRATION REVIEW 1. The authority citation for part 1003 continues to read as follows: jbell on DSKJLSW7X2PROD with RULES ■ Authority: 5 U.S.C. 301; 6 U.S.C. 521; 8 U.S.C. 1101, 1103, 1154, 1155, 1158, 1182, 1226, 1229, 1229a, 1229b, 1229c, 1231, 1254a, 1255, 1324d, 1330, 1361, 1362; 28 U.S.C. 509, 510, 1746; sec. 2 Reorg. Plan No. 2 of 1950; 3 CFR, 1949–1953 Comp., p. 1002; section 203 of Pub. L. 105–100, 111 Stat. 2196–200; sections 1506 and 1510 of Pub. L. 106–386, 114 Stat. 1527–29, 1531–32; section 1505 of Pub. L. 106–554, 114 Stat. 2763A– 326 to –328. 2. In § 1003.1, revise the third sentence of paragraph (a)(1) to read as follows: ■ VerDate Sep<11>2014 16:27 Mar 31, 2020 Jkt 250001 § 1003.1 Organization, jurisdiction, and powers of the Board of Immigration Appeals. (a)(1) * * * The Board shall consist of 23 members. * * * * * * * * Dated: March 25, 2020. William P. Barr, Attorney General. [FR Doc. 2020–06846 Filed 3–31–20; 8:45 am] BILLING CODE 4410–30–P SMALL BUSINESS ADMINISTRATION 13 CFR Part 120 Express Bridge Loan Pilot Program; Modification of Eligibility and Loan Approval Deadline and Extension of Pilot Program U.S. Small Business Administration. ACTION: Notification of change to Express Bridge Loan Pilot Program and extension of pilot program. AGENCY: On October 16, 2017, the U.S. Small Business Administration (SBA) published a document announcing the Express Bridge Loan Pilot Program (Express Bridge Pilot). In that document, SBA provided an overview of the Express Bridge Pilot and modified an Agency regulation relating to loan underwriting for loans made under the Express Bridge Pilot. On May 7, 2018, SBA published a document to revise certain program requirements. SBA continues to refine and improve the design of the Express Bridge Pilot and is issuing this document to expand program eligibility to include small businesses nationwide adversely impacted under the Coronavirus Disease (COVID–19) Emergency Declaration (COVID–19 Emergency Declaration) issued by President Trump on March 13, 2020. Further, SBA is revising program requirements to allow Express Bridge Pilot loans made under the COVID–19 Emergency Declaration to be approved through March 13, 2021. The modification of eligibility criteria and program requirements will allow small businesses adversely impacted by the COVID–19 emergency to qualify for loans through the Express Bridge Pilot. Finally, SBA is extending the term of the Express Bridge Pilot from September 30, 2020 to March 13, 2021, to assist small businesses that may experience delayed effects resulting from the COVID–19 emergency to benefit from the Express Bridge Pilot and to allow SBA to continue its evaluation of the program. SUMMARY: PO 00000 Frm 00003 Fmt 4700 Sfmt 4700 18107 The revised program requirements described in this document apply to all Express Bridge Pilot loans approved on or after April 1, 2020, and the Express Bridge Pilot will remain available through March 13, 2021. FOR FURTHER INFORMATION CONTACT: Dianna Seaborn, Director, Office of Financial Assistance, U.S. Small Business Administration, 409 Third Street SW, Washington, DC 20416; Telephone (202) 205–3645; email address: dianna.seaborn@sba.gov. SUPPLEMENTARY INFORMATION: On October 16, 2017, SBA published a document announcing the Express Bridge Pilot. (82 FR 47958) The Express Bridge Pilot is designed to supplement the Agency’s disaster response capabilities and authorizes the Agency’s 7(a) Lenders with SBA Express lending authority to deliver expedited SBAguaranteed financing on an emergency basis for disaster-related purposes to small businesses located in communities impacted by a Presidentially-declared disaster, while the businesses apply for and await longterm financing (including through SBA’s direct disaster loan program, if eligible). On May 7, 2018, SBA published a document to revise certain Express Bridge Pilot requirements. (83 FR 19921) The Express Bridge Pilot applies the policies and procedures in place for the Agency’s SBA Express program, except as outlined in the Federal Register documents published on October 16, 2017, and May 7, 2018. SBA continues to refine and improve the design of the Express Bridge Pilot and, therefore, is issuing this document to expand program eligibility to include small businesses nationwide adversely impacted under the Coronavirus Disease (COVID–19) Emergency Declaration issued by President Trump on March 13, 2020. Because the COVID–19 Emergency Declaration covers all states, territories, and the District of Columbia, eligible small businesses under the Express Bridge Pilot will now include small businesses located in any state, territory and the District of Columbia that have been adversely impacted by the COVID–19 emergency. (Previously, those small businesses would not be eligible for Express Bridge Pilot loans because the program has been limited to eligible small businesses located in Primary Counties that have been Presidentially-declared as major disaster areas, plus any Contiguous Counties.) Further, SBA is revising program requirements to allow Express Bridge Pilot loans made under the COVID–19 Emergency Declaration to be approved DATES: E:\FR\FM\01APR1.SGM 01APR1 18108 Federal Register / Vol. 85, No. 63 / Wednesday, April 1, 2020 / Rules and Regulations through March 13, 2021. This is a revision to the current policy that states Express Bridge Pilot loans can only be made up to six months after the date of the applicable Presidential disaster declaration. This revision will allow small businesses that experience delayed impacts resulting from the COVID–19 emergency to benefit from the pilot program. Finally, SBA is extending the term of the Express Bridge Pilot. The Express Bridge Pilot is set to expire September 30, 2020. With this Notice, SBA is extending the pilot program through March 13, 2021. This extension will provide time for small businesses that may experience delayed effects resulting from the COVID–19 emergency to benefit from the Express Bridge Pilot and to allow SBA to continue its evaluation of the program in accordance with the criteria set forth in the October 16, 2017 Federal Register notice. All other SBA terms and conditions and regulatory waivers related to the Express Bridge Pilot remain unchanged, including that loans made under the Express Bridge Pilot may be eligible to be repaid with the proceeds of an SBA direct disaster loan, including loans made under the Economic Injury Disaster Loan (EIDL) Program. All references to disasters in the Express Bridge Pilot program requirements will include the COVID–19 emergency. SBA has provided more detailed guidance in the form of a program guide, which has been updated to conform to this Notice and is available on SBA’s website, https://www.sba.gov/ document/support--express-bridge-loanpilot-program-guide. SBA will also provide additional guidance, if needed, through SBA notices, which also will be published on SBA’s website, https:// www.sba.gov. Authority: 15 U.S.C. 636(a)(25); 13 CFR 120.3. Dated: March 19, 2020. Jovita Carranza, Administrator. [FR Doc. 2020–06356 Filed 3–30–20; 8:45 am] jbell on DSKJLSW7X2PROD with RULES BILLING CODE P VerDate Sep<11>2014 16:27 Mar 31, 2020 Jkt 250001 DEPARTMENT OF TRANSPORTATION Federal Aviation Administration 14 CFR Part 25 [Docket No. FAA–2020–0273; Special Conditions No. 25–767–SC] Special Conditions: Delta Flight Products, Boeing Model No. 757–200 Series Airplane; Seats With NonTraditional, Large, Non-Metallic Panels Federal Aviation Administration (FAA), DOT. ACTION: Final special conditions; request for comments. AGENCY: These special conditions are issued for the Boeing Model No. 757– 200 series airplane. This airplane, as modified by Delta Flight Products, will have novel or unusual design features when compared to the state of technology envisioned in the airworthiness standards for transport category airplanes. This design feature includes seats with large, nontraditional, non-metallic panels on Boeing 757–200 series airplanes. The applicable airworthiness regulations do not contain adequate or appropriate safety standards for this design feature. These special conditions contain the additional safety standards that the Administrator considers necessary to establish a level of safety equivalent to that established by the existing airworthiness standards. DATES: This action is effective on Delta Flight Products on April 1, 2020. Send comments on or before May 18, 2020. ADDRESSES: Send comments identified by Docket No. FAA–2020–0273 using any of the following methods: • Federal eRegulations Portal: Go to https://www.regulations.gov/ and follow the online instructions for sending your comments electronically. • Mail: Send comments to Docket Operations, M–30, U.S. Department of Transportation (DOT), 1200 New Jersey Avenue SE, Room W12–140, West Building Ground Floor, Washington, DC 20590–0001. • Hand Delivery or Courier: Take comments to Docket Operations in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue SE, Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. • Fax: Fax comments to Docket Operations at 202–493–2251. Privacy: The FAA will post all comments it receives, without change, to https://www.regulations.gov/, including any personal information the commenter provides. Using the search SUMMARY: PO 00000 Frm 00004 Fmt 4700 Sfmt 4700 function of the docket website, anyone can find and read the electronic form of all comments received into any FAA docket, including the name of the individual sending the comment (or signing the comment for an association, business, labor union, etc.). DOT’s complete Privacy Act Statement can be found in the Federal Register published on April 11, 2000 (65 FR 19477–19478). Docket: Background documents or comments received may be read at https://www.regulations.gov/ at any time. Follow the online instructions for accessing the docket or go to Docket Operations in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue SE, Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. FOR FURTHER INFORMATION CONTACT: John Shelden, Airframe & Cabin Safety Section, AIR–675, Transport Standards Branch, Policy and Innovation Division, Aircraft Certification Service, Federal Aviation Administration, 2200 South 216th Street, Des Moines, Washington 98198; telephone and fax 206–231– 3214; email john.shelden@faa.gov. SUPPLEMENTARY INFORMATION: The substance of these special conditions previously has been published in the Federal Register for public comment. These special conditions have been derived without substantive change from those previously issued. It is unlikely that prior public comment would result in a significant change from the substance contained herein. Therefore, the FAA has determined that prior public notice and comment are unnecessary, and finds that, for the same reason, good cause exists for adopting these special conditions upon publication in the Federal Register. Comments Invited The FAA invites interested people to take part in this rulemaking by sending written comments, data, or views. The most helpful comments reference a specific portion of the special conditions, explain the reason for any recommended change, and include supporting data. The FAA will consider all comments received by the closing date for comments. The FAA may change these special conditions based on the comments received. Background On September 3, 2019, Delta applied for a supplemental type certificate for an interior reconfiguration that includes seats containing large, non-traditional, non-metallic panels on Boeing 757–200 series airplanes. The Boeing 757–200 E:\FR\FM\01APR1.SGM 01APR1

Agencies

[Federal Register Volume 85, Number 63 (Wednesday, April 1, 2020)]
[Rules and Regulations]
[Pages 18107-18108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06356]


=======================================================================
-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

13 CFR Part 120


Express Bridge Loan Pilot Program; Modification of Eligibility 
and Loan Approval Deadline and Extension of Pilot Program

AGENCY: U.S. Small Business Administration.

ACTION: Notification of change to Express Bridge Loan Pilot Program and 
extension of pilot program.

-----------------------------------------------------------------------

SUMMARY: On October 16, 2017, the U.S. Small Business Administration 
(SBA) published a document announcing the Express Bridge Loan Pilot 
Program (Express Bridge Pilot). In that document, SBA provided an 
overview of the Express Bridge Pilot and modified an Agency regulation 
relating to loan underwriting for loans made under the Express Bridge 
Pilot. On May 7, 2018, SBA published a document to revise certain 
program requirements. SBA continues to refine and improve the design of 
the Express Bridge Pilot and is issuing this document to expand program 
eligibility to include small businesses nationwide adversely impacted 
under the Coronavirus Disease (COVID-19) Emergency Declaration (COVID-
19 Emergency Declaration) issued by President Trump on March 13, 2020. 
Further, SBA is revising program requirements to allow Express Bridge 
Pilot loans made under the COVID-19 Emergency Declaration to be 
approved through March 13, 2021. The modification of eligibility 
criteria and program requirements will allow small businesses adversely 
impacted by the COVID-19 emergency to qualify for loans through the 
Express Bridge Pilot. Finally, SBA is extending the term of the Express 
Bridge Pilot from September 30, 2020 to March 13, 2021, to assist small 
businesses that may experience delayed effects resulting from the 
COVID-19 emergency to benefit from the Express Bridge Pilot and to 
allow SBA to continue its evaluation of the program.

DATES: The revised program requirements described in this document 
apply to all Express Bridge Pilot loans approved on or after April 1, 
2020, and the Express Bridge Pilot will remain available through March 
13, 2021.

FOR FURTHER INFORMATION CONTACT: Dianna Seaborn, Director, Office of 
Financial Assistance, U.S. Small Business Administration, 409 Third 
Street SW, Washington, DC 20416; Telephone (202) 205-3645; email 
address: [email protected].

SUPPLEMENTARY INFORMATION: On October 16, 2017, SBA published a 
document announcing the Express Bridge Pilot. (82 FR 47958) The Express 
Bridge Pilot is designed to supplement the Agency's disaster response 
capabilities and authorizes the Agency's 7(a) Lenders with SBA Express 
lending authority to deliver expedited SBA-guaranteed financing on an 
emergency basis for disaster-related purposes to small businesses 
located in communities impacted by a Presidentially-declared disaster, 
while the businesses apply for and await long-term financing (including 
through SBA's direct disaster loan program, if eligible). On May 7, 
2018, SBA published a document to revise certain Express Bridge Pilot 
requirements. (83 FR 19921) The Express Bridge Pilot applies the 
policies and procedures in place for the Agency's SBA Express program, 
except as outlined in the Federal Register documents published on 
October 16, 2017, and May 7, 2018.
    SBA continues to refine and improve the design of the Express 
Bridge Pilot and, therefore, is issuing this document to expand program 
eligibility to include small businesses nationwide adversely impacted 
under the Coronavirus Disease (COVID-19) Emergency Declaration issued 
by President Trump on March 13, 2020. Because the COVID-19 Emergency 
Declaration covers all states, territories, and the District of 
Columbia, eligible small businesses under the Express Bridge Pilot will 
now include small businesses located in any state, territory and the 
District of Columbia that have been adversely impacted by the COVID-19 
emergency. (Previously, those small businesses would not be eligible 
for Express Bridge Pilot loans because the program has been limited to 
eligible small businesses located in Primary Counties that have been 
Presidentially-declared as major disaster areas, plus any Contiguous 
Counties.)
    Further, SBA is revising program requirements to allow Express 
Bridge Pilot loans made under the COVID-19 Emergency Declaration to be 
approved

[[Page 18108]]

through March 13, 2021. This is a revision to the current policy that 
states Express Bridge Pilot loans can only be made up to six months 
after the date of the applicable Presidential disaster declaration. 
This revision will allow small businesses that experience delayed 
impacts resulting from the COVID-19 emergency to benefit from the pilot 
program.
    Finally, SBA is extending the term of the Express Bridge Pilot. The 
Express Bridge Pilot is set to expire September 30, 2020. With this 
Notice, SBA is extending the pilot program through March 13, 2021. This 
extension will provide time for small businesses that may experience 
delayed effects resulting from the COVID-19 emergency to benefit from 
the Express Bridge Pilot and to allow SBA to continue its evaluation of 
the program in accordance with the criteria set forth in the October 
16, 2017 Federal Register notice.
    All other SBA terms and conditions and regulatory waivers related 
to the Express Bridge Pilot remain unchanged, including that loans made 
under the Express Bridge Pilot may be eligible to be repaid with the 
proceeds of an SBA direct disaster loan, including loans made under the 
Economic Injury Disaster Loan (EIDL) Program. All references to 
disasters in the Express Bridge Pilot program requirements will include 
the COVID-19 emergency.
    SBA has provided more detailed guidance in the form of a program 
guide, which has been updated to conform to this Notice and is 
available on SBA's website, https://www.sba.gov/document/support--express-bridge-loan-pilot-program-guide. SBA will also provide 
additional guidance, if needed, through SBA notices, which also will be 
published on SBA's website, https://www.sba.gov.

    Authority: 15 U.S.C. 636(a)(25); 13 CFR 120.3.

    Dated: March 19, 2020.
Jovita Carranza,
Administrator.
[FR Doc. 2020-06356 Filed 3-30-20; 8:45 am]
BILLING CODE P


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.