This bill, the USDA Express Loan Act of 2026, amends the Consolidated Farm and Rural Development Act to streamline and accelerate the approval process for certain agricultural and rural development loans. It mandates that the Secretary provide short, simplified application forms and a five-business-day notification for approval or disapproval of complete applications for farm ownership and operating guaranteed loans up to $1,000,000 from certified lenders. These farm loans will have varying maximum guarantee percentages, such as 90% for loans up to $125,000 and 50% for loans up to $1,000,000. Additionally, the legislation requires an accelerated application process for business and industry guaranteed loans assisting rural entities. This expedited process applies to loans up to $400,000, or up to $600,000 if there is no significant increased risk of default.