Bill · H.R. 7229· House(119-HR-7229)
Territorial SBA Loan Guaranty Adjustment Act of 2026
- Introduced
- 1/22/2026
- Last activity
- 1/22/2026 — Referred to the House Committee on Small Business.
- Sponsored by
- James Moylan
- Cosponsors
- - 2 - 1
- Introduced
- In Committee
What this bill would do
This bill, titled the "Territorial SBA Loan Guaranty Adjustment Act of 2026," seeks to amend the Small Business Act. The primary purpose is to provide loan guarantees to certain small businesses. Specifically, it focuses on increasing the Administration's participation in loans to covered territory businesses on a deferred basis. This change would set the Administration's participation at 90 percent, subject to certain exceptions.
Yes· 3 of 4
Would business owners be better off under this?+5
Small business owners in covered territories receive increased loan guarantee support from the Administration.
Does this make it easier to run a small business?+5
The bill increases the SBA's loan participation rate to 90 percent for certain businesses in covered territories.
Would people in rural areas be better off under this?+3
The increased loan guarantees may support economic development in various covered territories, which often include rural areas.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Increased Support for Territory Businesses: Under Section 2(a), the Administration's participation in a loan to a covered territory business on a deferred basis would be 90 percent. This could provide more robust loan guarantees for small businesses located in covered territories.
Potential Negative Impacts for People
- Exceptions to Increased Participation: Section 2(a)(i) notes that the 90 percent participation rate does not apply to certain specific types of loans, such as those under paragraphs (9), (14)(A), (16), (31), or (34), or loans under specific pilot programs under paragraph (25). This means some businesses may not receive the higher level of participation described.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5Good For Rural Residents+3
- Economy And Finance
- Improves Small Business Support+5Increases Job Creation+3
- 3/5/2026
- 1 Cosponsor added.
- 2/2/2026
- 1 Cosponsor added.
- 1/22/2026
- Referred to the House Committee on Small Business.
- 1 Cosponsor added.
- Introduced in House
Pablo HernándezDemocrat · Puerto Rico
Kimberlyn King-HindsRepublican · Northern Mariana Islands
Aumua Amata RadewagenRepublican · American Samoa