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Business · 25/02/2021Updated: 10/17/2026 · 1 min read

Patriot Capital II, L.P. Surrenders SBIC License

Summary

Patriot Capital II, L.P. has surrendered its license as a Small Business Investment Company (SBIC), a designation granted by the U.S. Small Business Administration. This move comes after the company failed to meet the required standards.

Original source language: Federal Register — Small Business AdministrationOpen original release →

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Business · 9/11/2026

SBA Modifies Matching Program to Prevent Improper Payments

The U.S. Small Business Administration (SBA) is implementing a modified matching program to identify and prevent improper payments, as required by the Payment Integrity Information Act of 2019, in accordance with the Privacy Act of 1974 and OMB guidance on computer matching.

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Business · 9/4/2026

Reporting and Recordkeeping Requirements Under OMB Review

The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for a new information collection, and is extending the public comment period by 30 days to allow for additional feedback. The SBA is required to publish this notice under the Paperwork Reduction Act and OMB procedures.

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Business · 9/2/2026

SBA Updates Commercialization Standards for SBIR and STTR Firms

The U.S. Small Business Administration is seeking public comment on updated minimum performance standards for commercialization for firms funded through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs, which require a minimum share of annual revenue from non-program funding to remain eligible for new awards.

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