Small business general loan commitments capped at $35,500,000,000
What the document says“during fiscal year 2026 commitments for general business loans authorized under paragraphs (1) through (35) of section 7(a) of the Small Business Act shall not exceed $35,500,000,000 for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans”
Division E caps commitments for general business loans under section 7(a) of the Small Business Act at $35,500,000,000 for fiscal year 2026, and caps development company loan commitments at $16,500,000,000, debenture guarantees at $6,000,000,000 and trust certificate guarantees at $15,000,000,000. It provides $158,000,000 for administrative expenses of the loan programs.
What the document actually says“during fiscal year 2026 commitments for general business loans authorized under paragraphs (1) through (35) of section 7(a) of the Small Business Act shall not exceed $35,500,000,000 for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans”
Promises to back general business loans have a cap this year. It is 35.5 billion dollars. Set term loans and lines of credit both count.
The agency does not lend most of this money itself. It backs loans that banks make. The cap limits how much it may back.
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