; and (B) in paragraph (3)(A), by striking this section and inserting this subsection . 4. Improvements to 504 loan closing procedure Title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 et seq. ) is amended— (1) in section 502 ( 15 U.S.C. 696 ), as amended by this Act, by adding at the end the following: (b) Closing (1) Authority of certain development companies An accredited lender certified company may take any of the following actions to facilitate the closing of a loan made under subsection (a): (A) Reallocate the cost of the project with respect to which the loan is made in an amount that is not more than 10 percent of the overall cost of the project. (B) Correct any name that is applicable to the loan, including the name of any borrower, guarantor, eligible passive company described in subparagraph (C)(i), and operating company described in subparagraph (C)(ii). (C) Add any of the following to receive proceeds of the loan: (i) An eligible passive company that complies with section 120.111 of title 13, Code of Federal Regulations, or any successor regulation. (ii) If an eligible passive company is added under clause (i), an operating company with respect to that eligible passive company. (D) Correct the address of any property with respect to which the loan is made. (E) Correct the name of any interim lender or third-party lender. (F) Change any third-party lender or interim lender if that lender is a financial institution that is regulated by the Federal Government or a State government. (G) Make a guarantor a co-borrower or a co-borrower a guarantor. (H) Add a guarantor that does not change ownership with respect to the loan. (I) Reduce the amount of standby debt before the closing as a result of regularly scheduled payments. (J) Reduce the cost of the project with respect to which the loan is made. (2) Fees The Administrator shall— (A) issue a rule regarding the amount of a closing fee that may be financed in a debenture that is issued by a certified development company to make one or