Treasury will continue to operate the SSBCI TA Grant Program and Small Business Opportunity Program (SBOP) through the end of the contractual period of performance for all grant recipients and the completion of appropriate close-out activities and any other duties in accordance with the SSBCI TA Grant Agreements and 2 CFR Part 200. However, Congress has provided that all undisbursed SSBCI funding is rescinded on September 30, 2030. See Pub. L. 117–2, section 3301(a)(2)(B). While Treasury will make reasonable efforts to process all pending disbursement requests prior to September 30, 2030, disbursement requests submitted after June 30, 2030, are not expected to be processed.
Under Treasury’s SSBCI TA Grant Program and SBOP terms and conditions, all modifications to an SSBCI TA grant’s period of performance require prior approval by Treasury in accordance with 2 CFR 200.308. Treasury expects to deny any requests for extension that would increase the period of performance beyond the standard five-year cap for the TA Grant Program and the three-year cap for SBOP awards. Treasury may approve limited extensions, in its discretion, so long as they do not cause the period of performance to exceed five years for TA and three years for SBOP, or go beyond September 30, 2029, whichever is earlier. For grant modifications approved after the date of this FAQ, Treasury will not make additional disbursements of SSBCI funding (e.g., second or third tranches) to the recipient during any approved extension period.
This FAQ does not limit any authorities that may continue to exist under applicable law, such as laws related to collection of debts or investigation of waste, fraud, and abuse and any associated remedies available to Treasury, federal or state auditors, or investigatory bodies.