SBA Tweaks Paperwork for Small-Business Investment Funds
Published Date: 7/21/2026
Notice
Summary
The SBA is updating its standard agreement for Small Business Investment Companies (SBICs) that operate as limited partnerships. This update aims to make the agreement more like private fund contracts while keeping important rules to protect the program and taxpayers. If you’re involved with SBICs, now’s the time to share your thoughts before the September 21, 2026 deadline!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
SBIC Limited Partnership Agreement Update
If you run or plan to form a Small Business Investment Company (SBIC) as a limited partnership, the SBA intends to update its Model Limited Partnership Agreement to make it more like private fund contracts while keeping the regulatory and policy provisions that minimize risk to the SBIC program and to taxpayers. SBA will consider public comments and is accepting comments on or before September 21, 2026; it may publish a revised Model later and will post the final version on the SBA website.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2025-02741, HUBZone Program Updates and Clarifications, and Clarifications to Other Small Business Programs; Correction
The SBA fixed some small but important mistakes in its recent HUBZone and small business program rules to make things clearer and fairer. These corrections affect small businesses using HUBZone and other SBA programs, especially around size protests and financial reporting. The fixes take effect on February 18, 2025, helping businesses avoid confusion and unnecessary paperwork.
2026-20667, Presidential Declaration Amendment of a Major Disaster for the State of West Virginia
West Virginia’s disaster declaration for severe storms and flooding in July 2026 just got an upgrade! The deadline to apply for physical damage loans is now extended to October 17, 2026, giving folks more time to get help. Economic injury loan applications are open until May 3, 2027, so businesses have plenty of runway to recover and rebuild.
2026-20544, Presidential Declaration of a Major Disaster for the State of Ohio
Ohio got hit hard by storms, tornadoes, floods, and landslides from August 10-22, 2026, and the President declared it a major disaster on October 2. People and businesses in several counties can now apply for low-interest disaster loans to help fix damage or recover lost income. You’ve got until December 1, 2026, for physical damage loans and July 2, 2027, for economic injury loans—so don’t wait!
2026-20548, Administrative Disaster Declaration of a Rural Area for the State of Missouri
Missouri’s rural areas in Crawford and Reynolds counties got hit hard by storms, winds, and flooding in July 2026. The government declared a disaster, opening the door for low-interest loans to help homeowners, businesses, and nonprofits recover. You’ve got until December 1, 2026, to apply for physical damage loans and until July 6, 2027, for economic injury loans—so don’t wait!
2026-20399, Administrative Declaration of an Economic Injury Disaster for the State of Oregon
Oregon businesses hit by severe storms and wildfires from mid-July to late August 2026 can now apply for Economic Injury Disaster Loans to help recover. The SBA opened applications on October 1, 2026, with a deadline to apply by July 1, 2027. Low-interest loans are available for small businesses and nonprofits in affected counties across Oregon, Idaho, and Washington.
2026-20472, Administrative Declaration of a Disaster for the State of Connecticut
Connecticut got hit hard by storms and flash floods on September 13, 2026, and the government just declared it a disaster area. This means people and businesses in Fairfield and nearby counties can apply for low-interest disaster loans to help fix damage or cover lost income. You’ve got until December 1, 2026, to apply for physical damage loans and until July 2, 2027, for economic injury loans—so don’t wait!
Previous / Next Documents
Previous: 2026-14695, International Product Change-Priority Mail Express International, Priority Mail International & First-Class Package International Service Agreement
The Postal Service is adding a new international shipping deal for Priority Mail Express International, Priority Mail International, and First-Class Package International. This means some customers will get special contract rates for sending packages overseas. The change kicks in soon after July 21, 2026, and could save money for businesses using these services.
Next: 2026-14699, Agency Information Collection Activities: Proposed Collection; Comment Request
The Centers for Medicare & Medicaid Services (CMS) wants your thoughts on their plan to collect some info from the public. This is part of a routine check to make sure the questions they ask aren’t too much work and really help them do their job. If you have ideas or concerns, speak up by September 21, 2026—your input could shape how they gather info and save time and money!