Delegations of Authority: Delegation of Authority No. 12-G, Revision 1
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SUMMARY: This document provides the public notice of a revision to Delegations of Authority No. 12-G (70 FR 21262,
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION: This publication provides the public notice of a revision to the Administrator's Delegations of Authority with respect to SBA's lender oversight and enforcement activities. Specifically, this revision provides the public notice of a change in the name of the office from the "
In addition, the revision grants further authority in lender oversight and enforcement matters to the D/OCRM, the
The revision also expands certain authorities of the
Delegation of Authority No. 12-G, Revision 1.
I. The Administrator of the SBA, pursuant to the authority vested in her by the Small Business Act, 15 U.S.C.
A. To the Director,
1. Loan Program Delegated Authority Renewals and Community Advantage Program Participation. To approve or decline: (i) Renewal of 7(a) Lender participation in the Preferred Lenders (PLP) /1/ , SBA Express, Export Express, and
FOOTNOTE 1 The D/OCRM's authority to renew PLP authority will also include renewal of CLP authority if CLP authority is expiring at the same time. END FOOTNOTE
a. PLP.
To approve or decline the renewal of a 7(a) Lender's participation in PLP /2/ and PLP-EWCP.
FOOTNOTE 2 This includes authority to renew CLP that is expiring with renewal of PLP. END FOOTNOTE
b. SBA Express Program.
To approve or decline the renewal of a 7(a) Lender's participation in SBA Express.
c. Export Express Program.
To approve or decline the renewal of a 7(a) Lender's participation in Export Express.
d. ALP.
To approve or decline the renewal of a CDC's participation in ALP.
e. PCLP.
To approve or decline the renewal of a CDC's participation in PCLP.
f. Other Delegated Lending Authority Programs.
To approve or decline the renewal of an SBA Lender's participation in other delegated lending authority programs hereafter established unless otherwise provided.
g. Community Advantage Program.
(i) To approve or decline a lender's application for participation in Community Advantage, including delegated lending authority and/or the authority to sell Community Advantage loans on the Secondary Market.
(ii) To approve or decline the renewal of a lender's participation in Community Advantage, including delegated lending authority and/or the authority to sell Community Advantage loans on the Secondary Market.
2. Lender Oversight Activities.
a. To direct and coordinate SBA's lender oversight activities.
b. To review, examine, monitor, and assess the risks to SBA loan programs of SBA Lenders (including but not limited to: Small Business Lending Companies (SBLCs); Non-Federally Regulated Lenders (as defined in 13 CFR 120.10, NFRLs); other 7(a) Lenders; and CDCs) and Intermediaries in the Microloan Program and Intermediaries in the ILP Program (collectively, Intermediaries) (the latter two programs in conjunction with
c. To assign Risk Ratings and Assessments.
--This is a summary of a
Notice of Delegations of Authority.
Citation: "79 FR 56842"
Federal Register Page Number: "56842"
"Notices"
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