Data / Federal rules / 2024-29706
ALP Express Pilot to Permanent Status
The Small Business Administration published this final rule in the Federal Register on December 18, 2024. It took effect on January 17, 2025.
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What the agency says
The U.S. Small Business Administration ("SBA" or Agency) is making permanent the increased delegated authorities made available under the ALP Express Pilot for Certified Development Companies ("CDCs") approved for the Accredited Lenders Program ("ALP"). These increased delegated authorities for 504 loans of $500,000 or less ("ALP Express authority") were authorized under the Economic Aid to Hard-hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act or EAA). When these EAA-increased delegated authorities expired on September 30, 2023, SBA implemented the ALP Express Pilot (Pilot) in October 2023 to allow SBA to further evaluate the improved customer service levels for SBA Borrowers and the use of these increased delegated authorities by ALP CDCs. The ALP Express Pilot is scheduled to expire on September 30, 2025. Due to the success of the Pilot, SBA is revising regulations and proceeding to make the Pilot permanent after receiving supportive public comments and no objections to SBA's October 24, 2024, notice of proposed rulemaking. SBA notified Congress of the intent to convert the Pilot to become a permanent part of the 504 Loan Program in September 2024.
Key facts
- Document number
- 2024-29706
- Type
- Final rule
- Action
- Final rule
- Agency
- Small Business Administration
- Published
- December 18, 2024
- Takes effect
- January 17, 2025
- Dates
- This rule is effective as of January 17, 2025.
- Regulation ID (RIN)
- 3245-AI21
- Code of Federal Regulations
- 13 CFR 120
- Topics
- Administrative practice and procedure; Banks, banking; Business and industry; Child support; Community development; Confidential business information; Credit; Disaster assistance; Employee benefit plans; Energy conservation; Environmental protection; Equal employment opportunity; Exports; Flood insurance; Flood plains; Foreign trade; Fraud; Individuals with disabilities; Lead poisoning; Loan programs-business; Loan programs-energy; Loan programs-veterans; Reporting and recordkeeping requirements; Small businesses; Solar energy; Trusts and trustees; Veterans
- Pages
- 5
Other documents from the Small Business Administration
| Document | Type | Published |
|---|---|---|
| Removing Constitutional Concerns From SBA Programs 2026-19878 | Final rule | Sep 29 |
| Small Business Size Standards 2026-19546 | Proposed rule | Sep 24 |
| Rescinding Unnecessary Notice and Comment Procedures 2026-17731 | Final rule | Aug 31 |
| Small Business Size Standards 2026-17042 | Proposed rule | Aug 20 |
| Small Business Size Standards: Revised Size Standards Methodology 2026-17039 | Proposed rule | Aug 20 |
| Reforms to 13 CFR 124.103 To Remove SBA's 8(a) Program's Rebuttable Presumption of Social Disadvantage for Individually Owned Firms Only. Reforms Do Not Impact Entity-Owned Firms 2026-16370 | Final rule | Aug 11 |
| Reforms To Remove SBA's 8(a) Program's Rebuttable Presumption of Social Disadvantage for Individually Owned Firms Only; Reforms Do Not Impact Entity-Owned Firms 2026-11765 | Proposed rule | Jun 11 |
| Regulation for Federal Financial Assistance 2026-10817 | Proposed rule | May 29 |
Everything from the Small Business Administration · Rules on administrative practice and procedure · Rules on banks, banking · Rules on business and industry · Published in December 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.