CFPB Section 1071 small business lending rule (Regulation B subpart B, revised final rule published 2026-05-01): determines whether a financial institution is a covered originator by checking its small-business-originations count against the 1,000-origination threshold for each of the two preceding calendar years, and validates a batch of Small Business Lending Application Register (SBLAR) records against a required-field schema you supply. Fixed compliance-date reference: data collection begins 2028-01-01, first SBLAR submission due 2029-06-01. Deterministic threshold comparison and field-presence check only — not a filing, not a submission, and no claim about which fields the current rule requires beyond the schema you enter.
Threshold is fixed at 1,000 per year by the rule. Both years must clear it for the institution to be covered.