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This bill matters because government shutdowns often halt many non-essential services, including parts of the Small Business Administration. When the SBA stops, it can freeze or delay loans that small businesses rely on for everything from payroll to expansion.
If this bill becomes law, these specific loan programs would be insulated from the impact of a shutdown, meaning small businesses could still get the funding they need to operate and grow. Without this bill, a shutdown could lead to significant financial stress, missed opportunities, and even business failures for companies dependent on these SBA programs, potentially impacting job creation and local economies.
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This bill matters because government shutdowns often halt many non-essential services, including parts of the Small Business Administration. When the SBA stops, it can freeze or delay loans that small businesses rely on for everything from payroll to expansion.
If this bill becomes law, these specific loan programs would be insulated from the impact of a shutdown, meaning small businesses could still get the funding they need to operate and grow. Without this bill, a shutdown could lead to significant financial stress, missed opportunities, and even business failures for companies dependent on these SBA programs, potentially impacting job creation and local economies.
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
| AMOUNT | PROGRAM | TYPE | YEARS |
|---|---|---|---|
| $500,000 | Loans under subsection (m) of section 7 of the Small Business Act (Microloan program) | mandatory | Fiscal year 2026 |
| $2,916,666,667 | Loans under subsection (a) of section 7 of the Small Business Act (7(a) loan program) | mandatory | Fiscal year 2026 |
| $1,250,000,000 | Loans under title V of the Small Business Investment Act of 1958 (Small Business Investment Company (SBIC) program) | mandatory | Fiscal year 2026 |
| $13,775,000 | Administrative expenses to carry out the loan program under subsection (m) of section 7 of the Small Business Act (Microloan program) | mandatory | Fiscal year 2026 |