Exhibit 463

SBA Final Rule, 13 CFR 120.110(k) removed and reserved, 87 FR 38900

Exhibit 463 · Federal Register final rule

SBA Final Rule, 13 CFR 120.110(k) removed and reserved, 87 FR 38900

paragraph (k) of section 120.110 should be removed from the Agency's regulations, and reserved

Removes the exclusion of businesses principally engaged in teaching or indoctrinating religion; effective 1 Aug 2022; keeps SBA Form 1971 religious-use worksheet.

Source: U.S. Small Business Administration
Date: 30 June 2022
Quoted from: Preamble, response to comments
Grade: Primary record
Document: https://www.govinfo.gov/content/pkg/FR-2022-06-30/pdf/2022-13483.pdf
Accessed: 2026-11-09
Cited by: Findings citing this exhibit

Cited by

Finding REL-5.9: Primary record The CARES Act created the Paycheck Protection Program and passed the Senate 96 to 0 on 25 March 2020, and President Trump approved it on 27 March 2020. President Biden approved the PPP Extension Act on 30 March 2021. SBA proposed removing its religious-status exclusions on 19 January 2021 and removed paragraph (k) of 13 CFR 120.110 in a final rule of 30 June 2022.