NAGGL has finalized its comment letter on SBA’s Proposed Rule, Affiliation and Lending Criteria for the SBA Business Loan Programs (87 FR 64724).
Whether you agree with NAGGL’s comments, or have different opinions, we urge you to submit your own comment letter reflecting the nuances of your individual points of view. As a last resort, if you agree with our positions on the proposals, you can submit a comment letter that indicates your concurrence with the NAGGL positions. But, that type of submission likely will have far less impact on how SBA drafts its Final Rules than a comment letter that is more personalized. NAGGL has provided additional information on regulatory comment submissions here. The deadline to submit comments on this proposed rule is today, December 27 at 11:59 PM ET.
NAGGL will release a separate letter on the SBLC Proposed Rule prior to the January 6 deadline.
