Section 1 Short title
This Act may be cited as the “Territorial SBA Loan Guaranty Adjustment Act of 2026”.
Territorial SBA Loan Guaranty Adjustment Act of 2026
A BILL
To amend the Small Business Act to provide for loan guarantees to certain small businesses, and for other purposes.
Sec. 2 Loan guarantees for covered territory businesses
In general— Section 7(a)(2) of the Small Business Act (15 U.S.C. 636(a)(2)) is amended by adding at the end the following:
“(G) Participation in loan to covered territory business
“(i) In general—Except as provided in clause (ii), in an agreement to participate in a loan to a covered territory business on a deferred basis under this subsection, the participation by the Administration shall be 90 percent.
“(ii) Exceptions—Clause (i) shall not apply with respect to a loan under paragraph (9), (14)(A), (16), (31), or (34), or under a pilot program carried out pursuant to paragraph (25).”
Conforming amendment— Section 7(a)(2)(A) of such Act is amended by striking “and (F)” and inserting “(F), and (G)”.