Notice2026-03454
Delegations of Authority: Delegations of Authority No. 12-G (Revision 1), Amendment 3
Primary source
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Published
February 23, 2026
Issuing agencies
Small Business Administration
Abstract
This document provides the public notice of the third amendment to Delegations of Authority (Delegations), No. 12-G (Revision 1) as last amended by Amendment 2 which delegated authority for lender oversight and enforcement activities by the Administrator of the Small Business Administration ("SBA" or "Agency") to the Director, Office of Credit Risk Management (D/OCRM), the Lender Oversight Committee (LOC), and the Associate Administrator for Office of Capital Access (AA/OCA). By this third amendment (hereinafter "Amendment"), the Administrator is revising the voting membership of the Agency's LOC to ensure compliance with requirements set forth in statute.
Full Text
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<title>Federal Register, Volume 91 Issue 35 (Monday, February 23, 2026)</title>
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[Federal Register Volume 91, Number 35 (Monday, February 23, 2026)]
[Notices]
[Pages 8568-8569]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-03454]
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SMALL BUSINESS ADMINISTRATION
Delegations of Authority: Delegations of Authority No. 12-G
(Revision 1), Amendment 3
AGENCY: U.S. Small Business Administration.
ACTION: Notice of amendment to delegations of authority.
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SUMMARY: This document provides the public notice of the third
amendment to Delegations of Authority (Delegations), No. 12-G (Revision
1) as last amended by Amendment 2 which delegated authority for lender
oversight and enforcement activities by the Administrator of the Small
Business Administration (``SBA'' or ``Agency'') to the Director, Office
of Credit Risk Management (D/OCRM), the Lender Oversight Committee
(LOC), and the Associate Administrator for Office of Capital Access
(AA/OCA). By this third amendment (hereinafter ``Amendment''), the
Administrator is revising the voting membership of the Agency's LOC to
ensure compliance with requirements set forth in statute.
DATES: This Amendment is applicable February 23, 2026.
FOR FURTHER INFORMATION CONTACT: Bethany J. Shana, Office of Credit
Risk Management, U.S. Small Business Administration, 409 3rd Street SW,
Washington, DC 20416; telephone number: (202) 205-6402; and electronic
mail: <a href="/cdn-cgi/l/email-protection#4e2c2b3a262f2037603d262f202f0e3d2c2f60292138"><span class="__cf_email__" data-cfemail="b5d7d0c1ddd4dbcc9bc6ddd4dbd4f5c6d7d49bd2dac3">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: This document provides the public notice of
this Amendment to Delegations of Authority No. 12-G (Revision 1) (79 FR
56842, September 23, 2014) with respect to SBA's lender oversight and
enforcement activities. Specifically, this Amendment revises the
membership of the Agency's Lender Oversight Committee (LOC) by revising
the voting and non-voting membership composition.
Section 48(b) of the Small Business Act (15 U.S.C. 657u(b)) governs
LOC membership. This section provides that the LOC consists of at least
eight members. Three members of the LOC are to be voting members; two
of whom must be career appointees in the Senior Executive Service. By
amendment dated April 25, 2022 (87 FR 24386), SBA designated the
following employees as the voting members of the LOC: (i) the Chief
Financial Officer (CFO), a Senior Executive Service career appointee;
(ii) the Associate Administrator for Capital Access (AA/OCA), a Senior
Executive Service non-career appointee; and (iii) the Deputy Associate
Administrator for Office of Investment and Innovation (DAA/OII), a
Senior Executive Service career appointee. The CFO also was to continue
to serve as the LOC Chairperson, and the LOC non-voting advisory
membership was to remain the same. 87 FR at 24387.
In this Amendment, SBA is amending the voting membership of the LOC
to ensure compliance with the position requirements contained in 15
U.S.C. 657u. Effective with this Amendment, the following SBA employees
are designated as the voting members of the LOC: (i) the Deputy
Associate Administrator for the Office of Investment and Innovation
(DAA/OII), a Senior Executive Service career appointee; (ii) the
Associate Administrator for OCA (AA/OCA), a Senior Executive Service
non-career appointee; and (iii) the Deputy Associate Administrator,
Office of Field Operations (DAA/OFO), a Senior Executive Service career
appointee. The Chief Financial Officer will continue to serve as the
LOC Chairperson and will be a non-voting advisory member.
This Amendment replaces section I.B.6. of the Delegations in its
entirety, which covers LOC membership and voting, as set forth below.
All other sections of the Delegations are unchanged and continue in
effect.
Delegations of Authority No. 12-G (Revision 1) is amended by
revising section I.B.6 to read as follows:
B. To the Lender Oversight Committee:
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6. The Lender Oversight Committee will consist of SBA's: (i) Deputy
Associate Administrator for the Office of Investment and Innovation
(DAA/OII) (voting member); (ii) Associate Administrator for Office of
Capital Access (AA/OCA) (voting member); (iii) Deputy Associate
Administrator, Office of Field Operations (DAA/OFO) (voting member);
(iv) Chief Financial Officer (CFO) (Chairperson and non-voting advisory
member); (v) Director, Office of Credit Risk Management (D/OCRM)
[[Page 8569]]
(non-voting, recommending advisory member); (vi) Director, Office of
Financial Assistance (D/OFA) (non-voting advisory member); (vii)
Director, Office of Financial Program Operations (D/OFPO) (non-voting
advisory member); and (viii) General Counsel (non-voting advisory
member).
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Authority: 5 U.S.C. 302; 5 U.S.C. 552(a)(1)(A); 5 U.S.C. 3132;
15 U.S.C. 631 note; 15 U.S.C. 634; 15 U.S.C. 636; 15 U.S.C. 642; 15
U.S.C. 650; 15 U.S.C. 657t and 657u; 15 U.S.C. 697d, 697e, and 697g;
2 CFR 2700 et. seq; and 13 CFR. 120.10, 120.802 and Subpart I.
Kelly L. Loeffler,
Administrator.
[FR Doc. 2026-03454 Filed 2-20-26; 8:45 am]
BILLING CODE 8026-09-P
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</html>Indexed from Federal Register on February 23, 2026.
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