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25624 Federal Register / Vol. 71, No.

83 / Monday, May 1, 2006 / Notices

an exemption under Section 312 of the DATES: SBA must receive comments on month change in the small business
Act and Section 107.730, Financings or before June 15, 2006. predictive score (SBPS), which is a
which Constitute Conflicts of Interest of ADDRESSES: You may submit comments small business credit score on loans in
the Small Business Administration by any of the following methods (1) E- the 7(a) Lender’s portfolio; and (iv)
(‘‘SBA’’) Rules and Regulations (13 CFR mail; (2) projected purchase rate derived from the
107.730). Horizon Ventures Fund II, L.P. Fax: (202) 205–6831; (3) Mail: John M. SBPS.
proposes to provide equity/debt security White, Deputy Associate Administrator, For CDCs, SBA would base the
financing to Invivodata, Inc. 2100 Office of Lender Oversight, U.S. Small composite rating on three common
Wharton Street, Suite 505, Pittsburgh, Business Administration, 409 Third components or factors. The common
Pennsylvania 15203. The financing is Street, SW., Washington, DC 20416; (4) factors for CDCs would be as follows: (i)
contemplated for working capital and Hand Delivery/Courier: 409 Third 12 month actual purchase rate; (ii)
general corporate purposes. Street, SW., Washington, DC 20416, c/ problem loan rate; and (iii) average
The financing is brought within the o John M. White. SBPS on loans in the 504 Lender’s
purview of § 107.730(a)(1) of the FOR FURTHER INFORMATION CONTACT: John portfolio. The third factor replaces the
Regulations because Horizons Ventures M. White, Deputy Associate third and fourth factors used for 7(a)
Fund I, L.P. and Horizons Ventures Administrator, Office of Lender Lenders because it was found, during
Advisors Fund I, L.P., all Associates of Oversight, U.S. Small Business the testing process, to be more
Horizon Ventures Fund II, L.P., own Administration, 409 Third Street, SW., predictive of SBA purchases for 504
more than ten percent of Invivodata, Washington, DC 20416, (202) 205–3049. Lenders.
Inc., and therefore Invivodata is SUPPLEMENTARY INFORMATION: In general, these factors reflect both
considered an Associate of Horizon historical lender performance and
Ventures Fund II as detailed in § 107.50 Background projected future performance. The
of the Regulations. SBA is developing an internal risk factors are derived through formulas
rating system for assessing an SBA developed using regression analysis
Notice is hereby given that any validated and tested by industry
Lender’s 7(a) or 504 loan portfolio (i.e.,
interested person may submit written experts. SBA would perform quarterly
loan portfolio performance). The risk
comments on the transaction to the calculations on the common factors for
rating system will be an internal tool
Associate Administrator for Investment, each Lender, so that Lenders’ composite
that will assist SBA in assessing the risk
U.S. Small Business Administration, risk ratings would be updated on a
of a Lender’s 7(a) and 504 loan
409 Third Street, SW., Washington, DC quarterly basis. Each of the factors is
performance on a uniform basis and
20416. described in more detail in the Rating
identify those Lenders whose portfolio
April 3, 2006. performance demonstrates the need for Components section below.
Jaime Guzmán-Fournier, additional SBA monitoring or other The composite risk rating is a measure
Associate Administrator for Investment. action. It is not intended to be a Lender of how each Lender’s loan performance
[FR Doc. E6–6489 Filed 4–28–06; 8:45 am] grading system. The lender risk rating compares to the loan performance of its
system will also serve as a vehicle to peers. Thus, an individual Lender’s
measure the aggregate strength of SBA’s overall loan performance (using all
overall 7(a) and 504 loan portfolios and common factors) would be compared to
SMALL BUSINESS ADMINISTRATION to assist SBA in managing the related its peers to derive that Lender’s
risk. SBA will use Lender risk ratings to composite risk rating. Lenders whose
SBA Lender Risk Rating System Notice make more effective use of its on-site overall portfolio performance (using all
and Request for Comments and off-site lender review and of the common factors) is worse than
assessments resources. The proposed their peers will receive a worse, or
SUMMARY: SBA is proposing for risk rating methodology is set forth higher score, while Lenders whose
comment a lender risk rating system. below. SBA is soliciting comments on overall portfolio performance is better
The lender risk rating system is an the risk rating methodology. During the than their peers will receive a better, or
internal tool to assist SBA in assessing comment period, SBA will provide lower, score.
the risk of each active 7(a) Lender and Lenders access to their own preliminary SBA recognizes that it may be
Certified Development Company’s risk ratings through SBA’s Lender inequitable to compare all Lenders in a
(‘‘SBA Lender’’) SBA loan operations, Portal. A more detailed discussion of risk rating system, without separating
and loan portfolio, on a uniform basis the risk rating proposal and portal them into peer groups, because changes
and for identifying those institutions access follows. in loan performance would have
whose SBA loan operations and Risk Rating Proposal dramatically different impacts on the
portfolio require additional SBA portfolio performance of Lenders of
monitoring or other action. It is also a Overview different sizes. For example, the
vehicle for assessing the aggregate Under SBA’s proposed risk rating purchase of one loan from a Lender
strength of SBA’s 7(a) and 504 system, SBA would assign all Lenders a would have a much higher impact on
portfolios. Under the lender risk rating composite rating. The composite rating the actual purchase rate component of a
system, SBA would assign each Lender would reflect SBA’s assessment of the Lender with a small portfolio than it
a composite rating based on certain potential risk to the government of that would on the actual purchase rate of a
portfolio performance factors, which Lender’s SBA portfolio performance. Lender with a large portfolio. Therefore,
may be overridden in some cases due to For 7(a) Lenders, SBA would base the SBA has established peer groups to
Lender specific factors that may be composite rating on four common minimize the differences that could
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indicative of a higher or lower level of components or factors. The common result from changes in loan performance
risk. SBA Lenders would have access to factors for 7(a) Lenders would be as for portfolios of different sizes. The peer
their own ratings through SBA’s Lender follows: (i) 12 month actual purchase groups are as follows (based on
Portal. rate; (ii) problem loan rate; (iii) three outstanding SBA guaranteed dollars):

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Federal Register / Vol. 71, No. 83 / Monday, May 1, 2006 / Notices 25625

7(a) Lender Peer Groups CDC Peer Groups

$100,000,000 or more .............................................................................. $100,000,000 or more.

$10,000,000–$99,999,999 ........................................................................ $30,000,000–$99,999,999.
$4,000,000–$9,999,999 ............................................................................ $10,000,000–$29,999,999.
$1,000,000–$3,999,999 ............................................................................ $5,000,000–$9,999,999.
$0–$999,999 (lenders disbursed at least one loan in past 12 months) ... Less than $5,000,000.
$0–$999,999 (lenders did not disburse at least one loan in past 12

As noted above, the common thus be subject to the lowest level of be corrected in the normal course of
components would be used to derive a SBA oversight compared to other business) SBA loan program as
composite risk rating for each 7(a) and Lenders in the same peer group. demonstrated through on-site or off-site
504 Lender. Under the proposal, no Composite 2—The SBA operations of reviews and assessments (of mid-size
single component factor would a Lender rated 2 would be considered and large Lenders). However, Lenders
normally decide the Lender’s composite good, and would likely be above average rated a 3 would have room for
rating. However, depending upon the in all or nearly all of the rating improvement, should monitor their
size of the peer group, and the variation components described in this notice. A portfolio closely, and consider methods
between a Lender’s performance and Lender rated a 2 would have component to improve loan performance. Based on
that of its peers, a single factor could factors and a composite rating that the strengths and weaknesses outlined
carry a disproportionate weight among would typically be relatively stable from in this composite rating, Lenders rated
the three or four components. one quarter to the next. A Lender rated a 3 would present SBA with an
2 would be more likely to have below acceptable level of risk, and would thus
Composite Rating average previous (historical) purchase be subject to standard SBA oversight
SBA would assign a composite rating rates, as well as below average current compared to other Lenders in the same
of 1 to 5 to each Lender based upon problem loan rates that would predict peer group. Oversight may include
their portfolio performance. A rating of lower than average future purchase requests for corrective action plans.
1 would indicate strong portfolio rates. Generally, loans in the portfolio of
performance, least risk, and the least a Lender rated 2 would demonstrate Composite 4—The SBA operations of
degree of SBA management oversight is better-than-acceptable credit quality Lender rated 4 would be considered
needed (relative to other Lenders in and/or credit trends as measured by below average in all or nearly all of the
their peer group), while a 5 rating would credit scores and portfolio performance. rating components described in this
indicate weak portfolio performance, A Lender rated 2 would likely have a notice. A Lender rated a 4 may have
highest risk, and therefore, the highest generally well managed (i.e., a few several changes in any of its
degree of SBA management oversight. minor exceptions or findings) SBA loan components factor rates; the component
SBA proposes the following definitions program as demonstrated through on- factors and overall composite rating may
for the composite ratings. site or off-site reviews and assessments demonstrate instability or negative
Composite 1—The SBA operations of (of mid-size and large Lenders). Based performance from one quarter to the
a Lender rated 1 would be considered on the strengths outlined in this next. A Lender rated 4 would be likely
strong in every respect, and would composite rating. Lenders rated a 2 have above average previous (historical)
likely score much better than SBA would present SBA with a lower level purchase rates (as compared to their
averages in all or nearly all of the rating of risk, and would thus be subject to a peers), as well as above average current
components described in this notice. A lower level of SBA oversight compared problem loan rates that would predict
Lender rated 1 would have relatively to other Lenders in the same peer future purchase rates above SBA
stable component factors and overall groups. portfolio averages. Generally, loans in
composite rating from one quarter to the Composite 3—The SBA operations of the portfolio of a Lender rated 4 would
next. Since the component factors a Lender rated 3 would be considered demonstrate somewhat less-than-
measure previous performance, and also about average in all or nearly all of the acceptable credit quality and/or credit
attempt to predict future performance, a rating components described in this trends as measured by credit scores and
Lender rated 1 would be more likely to notice. A Lender rated a 3 would have, portfolio performance. A lender rated 4
have well below average historical on average, component factors and an would likely have a poorly managed
purchase rates, as well as well below overall composite rating that would (i.e., both minor exceptions or findings,
average current problem loan rates that generally be relatively stable from one and major exceptions or findings) SBA
would predict lower than average future quarter to the next. A Lender rated 3 loan program as demonstrated through
purchase rates. Overall, loans in the would likely have average previous on-site or off-site reviews and
portfolio of a Lender rated 1 would (historical) purchase rates (as compared assessments (of mid-size and large
demonstrate highly acceptable credit to their peers), as well as average Lenders). Based on the weaknesses
quality and/or credit trends as measured current problem loans rates that would outlined in this composite rating,
by credit scores and portfolio predict future purchase rates in line Lenders rated a 4 would present SBA
performance. A Lender rated 1 would with SBA portfolio averages. Generally, with a less-than-acceptable level of risk,
typically also have a well managed SBA loans in the portfolio of a Lender rated and would thus be subject to greater
loan program as demonstrated through 3 would demonstrate acceptable credit than normal SBA oversight compared to
on-site or off-site reviews and quality and/or credit trends as measured other Lenders in the same peer group.
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assessments (of mid-size and larger by credit scores and portfolio Oversight measures could include (but
Lenders). Based on the strengths performance. A Lender rated 3 would are not limited to) additional reviews or
outlined in this composite rating, have an adequate (i.e., some minor assessments, requests for corrective
Lenders rated a 1 would present SBA exceptions or findings, but few if any action plans, and/or removal from
with the least amount of risk, and would major exceptions or findings, which can delegated loan programs, depending

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25626 Federal Register / Vol. 71, No. 83 / Monday, May 1, 2006 / Notices

upon the level of activity and peer ratings is provided in the overriding signals increasing or declining purchase
group. factors section of this notice. risk by measuring changes in borrower
Composite 5—The SBA operations of SBA’s proposal to base composite credit trends, and acts as a predictor of
a Lender rated 5 would be considered ratings on a numeric scale is similar to possible future loan delinquencies,
well below average in all or nearly all rating systems used by bank regulators liquidations, and SBA purchases. The 3
of the rating components described in and other federal loan guarantors. For month change in SBPS is calculated by
this notice. A Lender rated a 5 is most example, SBA’s composite rating of 1 is measuring the percentage change, on a
likely to have changes in any of its similar to that of a bank regulator in that dollar-weighted average basis, of the
component factor rates, and have the it is indicative of an institution with SBPS on all outstanding SBA loans held
greatest likelihood to have their strong performance and requiring little by the lender, from the previous quarter
component factors and overall management oversight. SBA’s rating to the current quarter.
composite rating demonstrate instability system is similar to those of other (iv) Projected Purchase Rate—The
or negative performance from one federal loan guarantors because it Projected Purchase Rate is a predictive
quarter to the next. A Lender rated 5 measures risk and portfolio performance measure of the probability of the
would be probably have well above of loan portfolios guaranteed by SBA, amount of SBA guaranteed dollars in a
average previous (historical) purchase rather than measuring the quality of the Lender’s portfolio that are likely to be
rates, as well as well above average entire institution. purchased by SBA. This factor uses
current problem loan rates that would credit bureau data on a Lender’s
Rating Components
predict future purchase rates above SBA individual SBA loans to project the
The 4 Common Components for 7(a) purchase rate of a Lender’s SBA
portfolio averages. Generally, loans in
Lenders: portfolio. It is a 12-month projection of
the portfolio of a Lender rated 5 would SBA’s proposed quantitative risk
demonstrate less-than-acceptable credit future performance based on the most
rating system for 7(a) Lenders features current credit data on a borrower’s
quality and/or credit trends as measured four common component factors. The
by credit scores and portfolio payment history. For each of a Lender’s
four common rating components are SBA loans outstanding, SBA multiplies
performance. A Lender rated 5 would defined below.
likely have a record of significant SBA the amount of guaranteed loan dollars
(i) Past 12 Month Actual Purchase outstanding by the probability of its
program compliance issues as Rate—The Past 12 Month Actual
demonstrated through on-site or off-site purchase (as determined by the SBPS of
Purchase Rate is an historical measure the individual loan) and totals the sum
reviews and assessments (of mid-size of SBA purchases from the Lender in
and large Lenders). Based on the of each individual loan outstanding.
the preceding 12 months. Thus, this This total (numerator) is then divided
substantial weaknesses outlined in this component provides a measure of by the Lender’s total SBA-guaranteed
composite rating, Lenders rated a 5 Lender performance and risk as dollars outstanding (denominator).
would present SBA with the highest indicated by actual SBA purchases. SBA The 3 Common Components for
level of risk, and would thus be subject calculates this ratio by dividing the sum CDCs:
to extensive SBA oversight compared to of total gross dollars of the Lender’s SBA’s proposed quantitative risk
other Lenders in the same peer group. loans purchased during the past 12 rating system for 504 Lenders features
Oversight measures could include (but months (numerator) by the sum of total three common component factors. The
are not limited to) additional reviews or gross outstanding dollars of their SBA three common rating components are
assessments, requests for corrective loans outstanding at the end of the 12- defined below.
action plans, and and/or removal from month period, plus gross dollars (i) Past 12 Month Actual Purchase
delegated loan programs, depending purchased during the past 12 months Rate—The Past 12 Month Actual
upon the level of activity and peer (denominator). Purchase Rate is an historical measure
group. (ii) Problem Loan Rate—The Problem of SBA purchases from the CDC in the
The descriptions within each Loan Rate provides an indication of preceding 12 months. Thus, this
Composite rating are not meant as current Lender risk. This problem loan component provides a measure of CDC
definitions of the ratings, but are given indicator helps measure Lender performance and risk as indicated by
to provide, in general, the performance and risk by showing actual SBA purchases. SBA calculates
characteristics a Lender receiving a current delinquencies and liquidations, this ratio by dividing the sum of total
particular rating may exhibit. as well as predicting potential future SBA gross dollars of the CDC’s loans
Consequently, a Lender assigned a purchases by SBA. SBA calculates the purchased during the past 12 months
particular composite rating may not problem loan rate by dividing total gross (numerator) by the sum of total SBA
exhibit every characteristic described outstanding dollars of a Lender’s loans gross dollars of their SBA loans
for that rating, nor would SBA’s action that are 90 days or more delinquent plus outstanding at the end of the 12-month
be limited to those stated in the gross dollars in liquidation, excluding period, plus total SBA gross dollars
descriptions. purchases of active loans, (numerator) purchased during the past 12 months
In some cases, SBA may have reason by the total gross dollars outstanding (denominator).
to believe that a Lender’s calculated (denominator). (ii) Problem Loan Rate—The Problem
composite rating may not fully reflect (iii) 3 Month Change in Small Loan Rate provides an indication of
the level of risk that individual Lender Business Predictive Scores (SBPS)—The current CDC risk. This problem loan
presents. In those cases, SBA may SBPS is a portfolio management (not indicator helps measure CDC
override the composite risk rating origination) credit score based upon a performance and risk by showing
(either positively or negatively) and borrower’s business credit report and current delinquencies and liquidations,
assign a different composite score. principal’s consumer credit report. as well as predicting potential future
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Should a decision be made to override SBPS is a proprietary calculation purchases by SBA. SBA calculates the
the composite score, SBA will provide provided by Dunn & Bradstreet, under problem loan rate by dividing the total
the Lender with an explanation of the contract with SBA, and is compatible SBA gross dollars of a CDC’s loans that
reason(s) for the override. More with Fair, Isaac & Co.’s ‘‘Liquid Credit’’ are 90 days or more delinquent plus
information on overrides of composite origination score. This component total SBA gross dollars of a CDC’s loans

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Federal Register / Vol. 71, No. 83 / Monday, May 1, 2006 / Notices 25627

in liquidation (numerator), by the total performed on SBA’s relatively large quarterly performance data, including
SBA gross dollars outstanding Lenders, or that may (under their most current composite risk rating.
(denominator). extraordinary circumstances) be Lenders can also access data on peer
(iii) Average Small Business performed on other Lenders whose group and portfolio averages.
Predictive Scores (SBPS)—The SBPS is performance demonstrates a highly Consequently, a Lender will be able to
a portfolio management (not origination) unusual deviation from their peer gauge its performance relative to its peer
credit score based upon a borrower’s group. SBA conducts on-site reviews of group and the portfolio norm. While
business credit report and principal’s large Lenders, performs safety and Lenders can view their ratings, their
consumer credit report. SBPS is a soundness reviews of SBA Supervised performance indicators, and peer and
proprietary calculation provided by Lenders, and uses certain off-site portfolio averages, they will not be able
Dunn & Bradstreet, under contract with evaluation measures for less active to view the individual ratings and
SBA, and is compatible with Fair, Isaac Lenders. Consequently, these performance indicators of other
& Co.’s ‘‘Liquid Credit’’ origination assessments, as a factor, may only be Lenders. The quarterly performance
score. This component provides an available for a fraction of SBA’s data will be overwritten on a quarterly
indication of the relative credit quality approximately 5200 Lenders. Examples basis; therefore, SBA recommends that
of the loans in a CDC’s SBA portfolio. of other overriding factors that may be Lenders save their performance data for
The score is calculated from the average considered are: Early loan default their own tracking and trend analysis
SBPS score of the loans in a CDC’s trends; purchase rate or projected purposes.
portfolio, weighted by each loan’s purchase rate trends; abnormally high
guaranteed loan dollars outstanding. Portal Data
default, purchase or liquidation rates;
Each of the common components denial of liability occurrences; lending SBA plans to update portal data
described above would reflect a concentrations; rapid growth of SBA quarterly approximately six to eight
different means of measuring a Lender’s lending; inadequate, incomplete, or weeks after a calendar quarter ends.
risk to SBA in terms of loan purchase untimely reporting to SBA or inaccurate Lenders will only be able to access the
data. Loan purchase metrics provide a submission of required fees to SBA; and most recent quarterly data. Lenders will
core gauge of SBA lending success and enforcement actions of regulators or not be able to access previous quarters’
program risk. SBA believes a risk rating other authority. This list is not all data following an update.
system emphasizing purchase indicators inclusive; however, SBA does not Correcting Portal Data
would be a good measure of SBA expect any of the overriding factors to
lending risk because purchases are a Portal data includes both summary
affect a significant number of composite performance and credit quality data.
strong indicator of the cost to SBA, and scores.
predictive of final charge offs and loan Because summary performance data is
recoveries. In addition, loan purchases Request for Comments largely derived from data that Lenders
are resource intensive and an provide to SBA through 1502 and 172
SBA is undertaking a deliberative
administrative expense to SBA that Reports, Lenders bear much of the
development of the Lender risk rating responsibility for ensuring data
reduces SBA’s ability to provide system. The proposed risk rating system
assistance to small businesses. Finally, accuracy. If a Lender reviews its
utilizes predictive modeling and performance components and they do
SBA is a ‘‘gap’’ lender, and purchases behavioral scoring systems developed
are a prime indicator of the failure of the not comport with its own data records,
by private sector industry leaders in the Lender should confirm the accuracy
financing to assist in the growth and credit risk analysis. SBA has and will
development of small businesses. of the underlying data. If the Lender
continue to perform annual validation determines that the data is inaccurate, it
Overriding Factors testing on the risk rating system, and should seek to amend any incorrect data
In addition to the common will further refine the system as through SBA’s normal processing
components calculated through the use necessary to improve the predictability channels (for example—for loan
of loan performance factors, the of its risk scoring. SBA is requesting performance data, Lender should
proposed risk rating system allows for comments from the public on all aspects contact SBA’s fiscal and transfer agent).
consideration of additional factors. The of the proposed risk rating system. Credit quality data used to help
To facilitate written comments on the establish certain component scores is
occurrence of these factors may lead
proposed risk rating system, SBA will derived from credit bureau reports of
SBA to conclude that an individual
provide Lenders access to their own the borrower business and its
lender’s composite rating is not fully
preliminary risk ratings, as well as principals/guarantors. To the extent that
reflective of its true risk. Therefore, the
average peer and portfolio performance credit quality data relies on information
proposed risk rating system would
information. SBA will provide Lenders that a Lender provides on the business,
provide for the consideration of
access to this information through the its principals, and guarantors contained
overriding factors, which may only
use of the Lender Portal developed for in the loan application and as required
apply to a particular Lender or group of
SBA’s Loan and Lender Monitoring to be updated by the Lender, the Lender
Lenders, and permit SBA to adjust a
System (L/LMS). Once the risk rating must take responsibility for ensuring
Lender’s overall composite rating. The
system is finalized, Lenders will have this information is correct, complete,
allowance of overriding factors in
access to their final quarterly ratings and updated. SBA recognizes that
helping determine a Lender’s risk rating
through the portal. Additional guidance underlying borrower credit data cannot
would enable SBA to use key risk
on portal access follows. be changed by SBA or a Lender.
factors that are not necessarily
applicable to all Lenders, but indicate a Lender Portal Therefore, any changes to data provided
greater or lower level of risk from a to credit bureaus must be reported
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Overview directly to Dunn & Bradstreet or Trans

particular Lender than that which the
calculated score provides. SBA intends to communicate Lender Union, as appropriate, by the borrower.
One of the most important overriding performance to Lenders through the use All corrections to portal data (both
factors would be a Lender’s on-site risk- of SBA’s Lender Portal. The portal will summary performance and credit
based reviews/assessments usually allow Lenders to view their own quality data) will be reflected in the

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25628 Federal Register / Vol. 71, No. 83 / Monday, May 1, 2006 / Notices

quarterly update following the quarter time. Lenders are also responsible for Bradstreet. (Mail Provider Information
in which the correction is entered. timely informing SBA to terminate or notice to Dun & Bradstreet, Legal
switch an account if the person to Department, 103 JFK Parkway, Short
Portal Access
whom it was issued no longer holds that Hills, NJ 07078.)
Lenders with at least one outstanding responsibility for the Lender. Upon No information contained in the
SBA loan will be able to apply for portal accessing the lender portal, Lenders Portal shall be relied upon for any
access. SBA will issue only one portal must take full responsibility for purpose other than SBA’s lender
user account per Lender. Lenders must protecting the confidentiality of the user oversight and SBA’s portfolio
submit initial requests for a portal user password and lender risk rating management purposes. In addition,
account (or requests to switch or information and for ensuring the Lender will acknowledge and agree that
terminate a user) by regular or overnight security of the data. the Confidentiality Agreement is for the
mail to SBA at the following address: benefit not only of the SBA but also of
Confidentiality Agreement
Office of Lender Oversight—Capital any party providing the Confidential
Access, Suite 8200; Mail Code 7011, By clicking on the Portal log-in button Information. Any such party shall have
ATTN: Lender Portal, U.S. Small to access the SBA Lender Information the right and standing to pursue all legal
Business Administration, 409 Third Portal (‘‘Portal’’), Lender will agree to and equitable remedies against the
Street, SW., Washington, DC 20416. use the Confidential Information Lender in the event of unauthorized use
Lenders must take the following steps (defined in the Portal) contained in the or disclosure.
in requesting portal access: Portal only for confidential use within
(1) Request must be made by a senior its own immediate corporate Portal Inquiries
officer of the Lender (Senior VP or organization, and to hold and maintain For general inquiries, a Lender may
above). the Confidential Information in submit its e-mail to
(2) Request must be sent via regular or confidence in accordance with the terms If a Lender needs
overnight mail to the address provided of the Agreement. Lender will agree to to speak to an individual on a non-
above. restrict access to the Confidential technical matter, it may contact Paul
(3) Request must be made using the Information to those of its officers and Bishop at 202–205–7516. SBA advises a
Lender’s stationery. employees who have a legitimate need Lender to state upfront its Lender name,
(4) Request must include the user’s to know such information for the address, FIRS number, and user name to
business card. purpose of assisting the Lender in expedite processing of all inquiries.
(4) The stationery and business card improving the Lender’s 7(a) or 504 Dated: April 26, 2006.
should include the Lender’s name and program operations in conjunction with
Michael W. Hager,
address. SBA’s Lender Oversight Program and
Associate Deputy Administrator, Office of
(5) The request should include the SBA’s portfolio management (each
Capital Access.
following data: referred to as a ‘‘permitted party’’), and
to those for whom SBA has approved [FR Doc. E6–6506 Filed 4–28–06; 8:45 am]
(a) SBA FIRS ID Number(s).
(b) Account user’s name. access by prior written consent and for
(c) Account user’s title. whom access is required by applicable
(d) Account user’s mailing address at law or legal process. If such law or
the Lender. process requires Lender to disclose the DEPARTMENT OF TRANSPORTATION
(e) Account user’s telephone number Confidential Information to any person
at the Lender. other than a permitted party, Lender Federal Aviation Administration
(f) Account user’s e-mail address at will agree to promptly notify SBA and Notice of Intent To Prepare an
the Lender. SBA’s Information Provider (defined Environmental Impact Statement; Port
(g) Requesting officer’s name. below) in writing so that SBA and the Columbus International Airport,
(h) Requesting officer’s title. Information Provider have, within their
(i) Requesting officer’s mailing Columbus, OH
sole discretion, the opportunity to seek
address at the Lender. appropriate relief such as an injunction AGENCY: Federal Aviation
(j) Requesting officer’s telephone or protective order prior to Lender’s Administration, Department of
number at the Lender. disclosure. In addition, Lender will Transportation
(k) Requesting officer’s e-mail address agree to ensure that each permitted ACTION: Notice of Intent; notice of
at the Lender. party is aware of the requirements of the scoping meetings.
Once SBA receives and approves the Agreement and to ensure that each such
user request, the Agency will forward permitted party agrees to the terms and SUMMARY: The Federal Aviation
the approval to SBA’s portal contractor conditions. Lender will agree not to Administration (FAA) is issuing this
for issuance of a user account name and disclose, and will agree to protect from Notice of Intent to announce publicly
password. The portal contractor will e- disclosure, Lender’s password to enter that an Environmental Impact Statement
mail the user his or her user name and the Portal. Further, any disclosure of (EIS) will be prepared and considered
password within approximately two Confidential Information other than as for the proposed construction of a
weeks of account approval. The user can permitted by the Agreement may result replacement runway, proposed terminal
then access its data by logging into the in appropriate action as authorized by development, ancillary development,
Lender portal Web page at https:// law. Lender also will agree to indemnify and air traffic procedures developed in and hold harmless each of SBA and any the Part 150 Study for the replacement
provider of the Confidential Information runway. Associated improvements
Lender Portal Responsibilities from and against any and all claims, involved with the proposed project are
cchase on PROD1PC60 with NOTICES

Lenders are responsible for complying demands, suits, actions, and liabilities described below.
with SBA’s requirements in obtaining to any degree based upon or resulting FOR FURTHER INFORMATION CONTACT: Ms.
and maintaining the portal user from the unauthorized use or disclosure Katherine S. Jones, Federal Aviation
accounts and passwords as set forth of the Confidential Information. Administration, Detroit Airports District
below and as published from time to ‘‘Information Provider’’ means Dun & Office, 11677 South Wayne Road, Suite

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