SBA Asks Public to Weigh In on SBIC Lending Form
Published Date: 7/22/2026
Notice
Summary
The Small Business Administration (SBA) wants your thoughts on updating a form that Small Business Investment Companies fill out when they lend money to small businesses. This helps SBA track how these loans boost the economy and follow rules. You’ve got until September 21, 2026, to share your ideas—no cost to you, just your voice!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SBIC Form 1031 Reporting Burden
The SBA is asking for public comments by September 21, 2026, about extending or revising SBA Form 1031, the Portfolio Financing Report. Small Business Investment Companies (SBICs) must provide Form 1031 each time they extend financing to a small business; the notice lists OMB Control Number 3245-0078 and estimates 368 annual respondents, 2,755 annual responses, and an annual hour burden of 2,755.
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