2026-19802NoticeWallet

SBA Locks 7(a) Loan Pools at 89% Maturity Minimum

Published Date: 9/28/2026

Notice

Summary

Starting October 1, 2026, the SBA is keeping the minimum maturity ratio for 7(a) loan pools at 89%. This rule helps make sure investors get paid on time by supporting SBA’s payment guarantee. If you deal with SBA loan pools, this update keeps things steady and reliable for your investments.

Analyzed Economic Effects

3 provisions identified: 2 benefits, 1 costs, 0 mixed.

Minimum Maturity Ratio: 89.0% Requirement

If you assemble SBA 7(a) loan pools (Pool Assembler), all guaranteed portions in Standard Pools and Weighted-Average Coupon (WAC) Pools with an issue date on or after October 1, 2026 must meet a minimum maturity ratio of 89.0 percent. That means the shortest remaining term to maturity in the pool must be at least 89.0% of the longest remaining term as measured on the pool issue date.

SBA Guaranty Remains Fully Backed

If you hold Pool Certificates (Registered Holder), the notice says SBA's obligation to honor its timely-payment guaranty is not changed and continues to be backed by the full faith and credit of the United States. The guaranty covers timely payment of principal, interest installments, and recoveries to which Registered Holders are entitled under the Pool Certificate.

Master Reserve Fund Supports Timely Payments

If you are a Registered Holder, borrower payments on guaranteed portions and SBA guaranty payments on defaults are deposited into the Master Reserve Fund (MRF), and interest earned on MRF funds supports timely payments to Registered Holders. The notice explains the MRF is used to hold and distribute those funds to support the guaranty.

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Key Dates

Published Date
Effective Date
9/28/2026
10/1/2026

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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