Examiners will not downgrade banks that participate in the Small Business Administration's low-documentation loan program, Comptroller of the Currency Eugene A. Ludwig said Thursday.

Addressing a small-business lending conference sponsored by his agency, Mr. Ludwig said "low-doc" loan files contain enough information on borrowers to meet safety-and-soundness requirements. "You can take full advantage of that program without fear of adverse criticism," Mr. Ludwig said.

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