Assistance Listing 59.016
Surety Bond Guarantees
SMALL BUSINESS ADMINISTRATION
Assistance Listing 59.016, “Surety Bond Guarantees,” is a federal program administered by SMALL BUSINESS ADMINISTRATION. It provides indemnity/insurance (non-loan) assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing. The agency reported $3.19B in obligations for fiscal year 2025.
Program objective
To guarantee surety bonds issued by Treasury listed surety companies for small businesses unable to obtain a bond under reasonable terms without an SBA guarantee. The guarantees range up to 90% and cover direct losses and expenses incurred by an SBA-approved participating surety should the small business default on the contract.
As published in the SAM.gov Assistance Listing.
Current opportunities under 59.016
No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.
Eligible applicants (program level)
- Small Business Person
Guarantees are limited to those surety companies holding certificates of authority from the Secretary of the Treasury as an acceptable surety for bonds on Federal contracts. Specific criteria apply to the Prior Approval and PSB Sureties.
Intended beneficiaries: Small Business Person.
Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.
Reported obligations by fiscal year
Historical data · not a predictionRange and average of financial assistance (from the listing): Additional information available on SBA's website at www.sba.gov.
Source: SAM.gov Assistance Listing 59.016. Hatched bars are agency estimates. These totals do not indicate approval rates.Frequently asked questions
What is ALN 59.016?
59.016 is the Assistance Listing Number for “Surety Bond Guarantees.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.
Who can apply under ALN 59.016?
The SAM.gov listing names these applicant types: Small Business Person. Each funding notice under the program sets its own eligibility, so check the specific opportunity.
How much funding does 59.016 provide?
The agency reported $3,190,930,741 in obligations for FY2025 in the SAM.gov Assistance Listing. These are program-wide totals reported by the agency, not a prediction of future awards.