2024-16207. Disaster Assistance Loan Program Changes to Unsecured Loan Amounts and Credit Elsewhere Criteria  

  • Hurricane Ian Home Loans

    Loan amounts Number of active loans Percentage of number of home loans Total loan value Percentage of total value of home loans
    0-$50,000 9,286 70.98 $226,545,460 35.50
    >$50,000 3,797 29.02 411,660,300 64.5
    Total 13,083 100 638,205,760 100

    Hurricane Ian Business Loans

    Loan amounts Number of active loans Percentage of number of business loans Total loan value Percentage of total value of business loans
    0-$50,000 1,099 55.76 $26,308,000 8.93
    >$50,000 872 44.24 268,687,200 91.07
    Total 1,971 100 294,695,200 100

Document Information

Effective Date:
9/9/2024
Published:
07/24/2024
Department:
Small Business Administration
Entry Type:
Rule
Action:
Direct final rule.
Document Number:
2024-16207
Dates:
Effective date: This rule is effective September 9, 2024, unless SBA receives a significant adverse comment to this direct final rule. If a timely, significant adverse comment is received, the Agency will publish a notification of withdrawal of the direct final rule in the Federal Register before the effective date.
Pages:
59826-59831 (6 pages)
RINs:
3245-AI08: Disaster Assistance Loan Program Changes to Unsecured Loan Amounts
RIN Links:
https://www.federalregister.gov/regulations/3245-AI08/disaster-assistance-loan-program-changes-to-unsecured-loan-amounts
Topics:
Disaster assistance, Loan programs-business, Small businesses
PDF File:
2024-16207.pdf
CFR: (1)
13 CFR 123