End SBA direct lending

What has happened

1. Apr 3, 2026 Not started

   SBA direct lending continues and both Congress and the administration have funded it inside the window. P.L. 119-75 (2026-02-03) appropriates $3,000,000 for the cost of direct loans in the Business Loans Program Account and $282,000,000 for the section 7(b) disaster *direct* loan program. The FY2027 President's Budget then requests a $60 million direct microloan level under section 7(m) for 2027, up from $55 million in 2025 actual, and proposes no termination of any direct lending authority. Corpus and Federal Register searches found no rule, notice or presidential document in the window that ends or proposes to end SBA direct lending; the only lending program the SBA curtailed — Community Advantage / Mission-Based SBLC, 2025-05-19 — is a *guarantee* program run through private lenders, not direct lending.

   • Consolidated Appropriations Act, 2026 (P.L. 119-75) — Small Business Administration: Business Loans Program Account ("For the cost of direct loans, $3,000,000") and Disaster Loans Program Account (section 7(b) direct loan program, $282,000,000)

     Primary Congress Feb 3, 2026

   • Budget of the U.S. Government, Fiscal Year 2027, Appendix — Small Business Administration, Business Loans Program Account (7(m) Direct Microloans, $60 million direct loan level for 2027)

     Primary Executive branch Apr 3, 2026