82 FR 31132 - Interest Rates
SMALL BUSINESS ADMINISTRATION Federal Register Volume 82, Issue 127 (July 5, 2017)
Federal Register Volume 82, Issue 127 (July 5, 2017)
| Page Range | 31132-31132 | |
| FR Document | 2017-14040 |
[Federal Register Volume 82, Number 127 (Wednesday, July 5, 2017)] [Notices] [Page 31132] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-14040] ----------------------------------------------------------------------- SMALL BUSINESS ADMINISTRATION Interest Rates The Small Business Administration publishes an interest rate called the optional ``peg'' rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 2.625 percent for the July-September quarter of FY 2017. Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for any third party lender's commercial loan which funds any portion of the cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted by the constitution or laws of the given State. Dianna L. Seaborn, Director, Office of Financial Assistance. [FR Doc. 2017-14040 Filed 7-3-17; 8:45 am] BILLING CODE P
![31132 Federal Register / Vol. 82, No. 127 / Wednesday, July 5, 2017 / Notices
Ombudsman, U.S. Small Business Requirements for Nomination the following areas as adversely affected
Administration, 409 3rd Street SW., Submission by the disaster:
Washington, DC 20416, or emailed to Completed SBA Form 898: Interested Primary Counties: (Physical Damage and
ombudsman@sba.gov. applicants must submit a completed Economic Injury Loans): Prairie,
FOR FURTHER INFORMATION CONTACT: Ms. SBA Form 898. To download a copy of White, Woodruff.
Cynthia Pope, Office of the National the form, please visit https:// Contiguous Counties: (Economic Injury
Ombudsman, U.S. Small Business www.sba.gov/ombudsman/fairness- Loans Only): Arkansas, Monroe,
Administration, 409 3rd Street SW., boards. Please note that a YES answer Saint Francis.
Washington, DC 20416, Telephone: to any of the questions listed in Section All other information in the original
(202) 401–299; Email: cynthia.pope@ 6 of the SBA Form 898 Advisory declaration remains unchanged.
sba.gov. A copy of the RegFair Board Committee Membership Nominee (Catalog of Federal Domestic Assistance
Charter and a list of current Board Information Form may deem a Number 59008)
members may be obtained by contacting candidate ineligible to serve on a
James E. Rivera,
Ms. Pope. For more information on RegFair Board.
Resume: Please include the nominee’s Associate Administrator for Disaster
ONO, please visit our Web site, Assistance.
www.sba.gov/ombudsman. contact information (including name,
[FR Doc. 2017–14030 Filed 7–3–17; 8:45 am]
mailing address, telephone numbers,
SUPPLEMENTARY INFORMATION: As and email address) and a chronological BILLING CODE 8025–01–P
established by the United States summary of the nominee’s experience
Congress, the Small Business Regulatory and qualifications. Please do not submit
Enforcement Fairness Act of 1996 a bio. SMALL BUSINESS ADMINISTRATION
created ONO within the SBA and 10 Dated: June 27, 2017. Interest Rates
Regional Regulatory Fairness Boards
Richard W. Kingan,
nationwide. Pursuant to the statute, The Small Business Administration
ONO works with Federal agencies that SBA Committee Management Officer (Acting).
publishes an interest rate called the
have regulatory authority over small [FR Doc. 2017–14001 Filed 7–3–17; 8:45 am]
optional ‘‘peg’’ rate (13 CFR 120.214) on
businesses subjected to an audit, on-site BILLING CODE 8025–01–P a quarterly basis. This rate is a weighted
inspection, fine or penalty, compliance average cost of money to the
assistance effort, or other enforcement government for maturities similar to the
related communication or contact by SMALL BUSINESS ADMINISTRATION average SBA direct loan. This rate may
agency personnel with a vehicle to [Disaster Declaration # 15175 and # 15176; be used as a base rate for guaranteed
comment on the enforcement actions. ARKANSAS Disaster Number AR–00094] fluctuating interest rate SBA loans. This
Pursuant to SBREFA, the ONO is rate will be 2.625 percent for the July–
Presidential Declaration Amendment of September quarter of FY 2017.
authorized to establish, maintain, and
a Major Disaster for the State of Pursuant to 13 CFR 120.921(b), the
coordinate activities of 10 Regional
ARKANSAS maximum legal interest rate for any
Regulatory Fairness Boards. The ONO
has RegFair Boards in each of SBA’s 10 AGENCY: U.S. Small Business third party lender’s commercial loan
regions. Each Board is comprised of 5 Administration. which funds any portion of the cost of
small business owners, operators, or a 504 project (see 13 CFR 120.801) shall
ACTION: Amendment 1.
officers. No more than three RegFair be 6% over the New York Prime rate or,
Board Members per board may be of the SUMMARY: This is an amendment of the if that exceeds the maximum interest
same political affiliation. All Board Presidential declaration of a major rate permitted by the constitution or
members are appointed by the SBA disaster for the State of ARKANSAS laws of a given State, the maximum
Administrator for three-year terms. (FEMA–4318–DR), dated 06/15/2017. interest rate will be the rate permitted
Incident: Severe Storms, Tornadoes, by the constitution or laws of the given
The purpose of the RegFair Boards is
Straight-line Winds, and Flooding. State.
to have leaders of small businesses
advise and represent the National Incident Period: 04/26/2017 through Dianna L. Seaborn,
Ombudsman on regulatory issues for 05/19/2017.
Director, Office of Financial Assistance.
small businesses in their respective DATES: Effective 06/28/2017.
[FR Doc. 2017–14040 Filed 7–3–17; 8:45 am]
regions. Each year, the RegFair Boards Physical Loan Application Deadline
BILLING CODE P
convene for an annual meeting to Date: 08/14/2017.
discuss the state of affairs in Federal Eidl Loan Application Deadline Date:
regulatory enforcement. The meeting 03/15/2018.
SOCIAL SECURITY ADMINISTRATION
also provides the ONO with the ADDRESSES: Submit completed loan
opportunity to assess trends and new applications to: U.S. Small Business [Docket No: SSA–2017–0035]
regulatory issues that impact small Administration, Processing and
businesses in each region. Disbursement Center, 14925 Kingsport Agency Information Collection
Road, Fort Worth, TX 76155. Activities: Proposed Request and
Additionally, the RegFair Boards Comment Request
work with the SBA District Offices and FOR FURTHER INFORMATION CONTACT: A.
SBA Regional staff to communicate Escobar, Office of Disaster Assistance, The Social Security Administration
sradovich on DSK3GMQ082PROD with NOTICES
opportunities small businesses have to U.S. Small Business Administration, (SSA) publishes a list of information
share their concerns regarding 409 3rd Street SW., Suite 6050, collection packages requiring clearance
regulatory enforcement. This includes Washington, DC 20416, (202) 205–6734. by the Office of Management and
promoting and providing small SUPPLEMENTARY INFORMATION: The notice Budget (OMB) in compliance with
businesses with information regarding of the Presidential disaster declaration Public Law 104–13, the Paperwork
RegFair Hearings and Roundtables for the State of ARKANSAS, dated 06/ Reduction Act of 1995, effective October
within their respective regions. 15/2017 is hereby amended to include 1, 1995. This notice includes revisions
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Document Created: 2017-07-04 02:01:02
Document Modified: 2017-07-04 02:01:02
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| FR Citation | 82 FR 31132 |
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