U.S. Department of the Treasury

State Small Business Credit Initiative (SSBCI) Program

Notice of Intent Deadline Extended for Tribal Governments & Tribal Listening Session

November 2021

The Department of the Treasury is extending the Tribal government Notice of Intent (NOI) 

deadline to apply for SSBCI funds to December 11, 2021, at 11:59 p.m. ET, the same deadline 

for the initiation of the SSBCI capital application. SSBCI capital applications must be completed 

by February 11, 2022, at 11:59 p.m. ET. Treasury seeks to support all Tribal governments that 

are interested in participating in SSBCI. Treasury will provide information and technical 

assistance on capital applications to Tribal governments that submit questions to 

SSBCI_Information@treasury.gov.

Timing for Preliminary Allocation Recalculations 

Treasury’s preliminary allocation calculations in July 2021 assumed that all Tribes would submit 

an NOI and initiate a capital application. If some Tribes do not submit an NOI and initiate a 

capital application, Treasury will recalculate the preliminary allocation amounts after 

December 11, 2021. The results of any recalculation for each Tribe will be communicated by emailing Tribal governments directly. Treasury expects to communicate these results by 

December 31, 2021. The recalculation will not result in lower preliminary allocations to any 

Tribe.

The recalculation of funds will use the published methodology that Treasury developed 

reflecting the National SSBCI Information session for Tribes on May 13, 2021 and Tribal 

Consultation on SSBCI on May 27, 2021, posted on Treasury’s website: Preliminary Allocation 

to Tribal Governments – Methodology Summary. The minimum allocation amount may increase 

if the number of participating Tribal governments is lower than the total number of eligible 

Tribal governments.

After the February 11, 2022 deadline to complete a capital application, another recalculation may 

occur if the number of Tribal governments that initiate a capital application by December 11, 

2021 at 11:59 p.m. ET is different than the number of Tribal governments that complete the 

capital application by February 11, 2022 at 11:59 p.m. ET. The results of any recalculation for 

each Tribe will be communicated by emailing Tribal governments directly.

Listening Session

Treasury will hold a Tribal government listening session on the SSBCI capital application and

program design on January 12, 2022 from 4 p.m. to 5:30 p.m. ET. Treasury invites Tribal 

governments to share program goals and interests so that Treasury can better serve Tribal 

governments who wish to participate in SSBCI. Specifically, Treasury wants to learn about 

Tribal government interest in joint capital applications, goals for the program in Tribal 
communities, collaborations with third parties, including Native Community Development 

Financial Institutions and other Native American Financial Institutions, and any other topics 

Tribes wish to address regarding the SSBCI program for Tribal governments. Register here. 

• For more information, please see the Notice Regarding Applications for the State Small 

Business Credit Initiative (SSBCI)

• Complete the Notice of Intent form for Tribal governments

Timeline and Dates to Remember

• December 11, 2021: NOI and capital application initiation due.

• Prior to December 31, 2021: Treasury expects to provide any recalculated preliminary 

allocation amounts by emailing Tribal governments directly. Tribal governments that 

completed an NOI and initiated a capital application by December 11, 2021 at 11:59 p.m. 

ET, will be included in this recalculation.

• January 12, 2022: Tribal government listening session on applications, program design, 

and recalculation methodology from 4 p.m. to 5:30 p.m. EST. Register here.

• February 11, 2022: Capital applications are due.

• After February 11, 2022: Treasury will provide any recalculated preliminary allocation 

amounts by e-mailing Tribal governments directly. Tribal governments that completed a

capital application by February 11, 2022 at 11:59 p.m. ET, will be included in this 

recalculation.