<searchTitle>Dealer Floor Plan Pilot Initiative; Federal Register Vol. 74, Issue </searchTitle>
<granuleClass>NOTICE</granuleClass>
<accessId>E9-21891</accessId>
<agency order="1">SMALL BUSINESS ADMINISTRATION</agency>
<commentDate>2009-10-26</commentDate>
<billingCode>8025-01-P</billingCode>
<frDocNumber>E9-21891</frDocNumber>
<action>Notice of re-opening of comment period.</action>
<summary>On July 6, 2009, SBA published a notice in the Federal Register creating a new pilot loan initiative called the Dealer Floor Plan Pilot Initiative. This pilot initiative gives SBA the ability to offer 7(a) guaranties to participating lenders on floor plan lines of credit when structured under SBA requirements from July 1, 2009 through September 30, 2010. The Agency provided for a 30-day comment period when it published the Notice. This comment period closed August 5, 2009. SBA is re-opening the comment period for an additional 45 days.</summary>
<dates>Comments must be received on or before October 26, 2009.</dates>
<contact>Sloan Coleman, Office of Financial Assistance, U.S. Small Business Administration, 409 Third Street, SW., Suite 8300, Washington, DC 20416; (202) 205-7737; w.coleman@sba.gov.</contact>
<tocDoc>Dealer Floor Plan Pilot Initiative
, </tocDoc>
<emailRef>dealerfloorplancomments@sba.gov</emailRef>
<emailRef>w.coleman@sba.gov</emailRef>
<urlRef>http://www.regulations.gov</urlRef>
<urlRef>http://www.sba.gov/localresources/index.html</urlRef>
<urlRef>www.regulations.gov</urlRef>