Territorial SBA Loan Guaranty Adjustment Act of 2026

This bill would change the Small Business Administration's (SBA) 7(a) loan program for businesses in U.S. territories. When the SBA agrees to back a loan made by a private lender to a "covered territory business," the SBA's guaranteed share of the loan would be set at 90 percent. This rule would not apply to certain listed types of 7(a) loans or to loans made under certain pilot programs. The bill also makes a related technical change to the Small Business Act.

Full text and official record on Congress.gov

Sponsors

• James C. Moylan Republican sponsor
• 3 cosponsors