Getting Started

A recent hearing by the House Committee on Small Business promises to reshape how small businesses interact with the U.S. Small Business Administration (SBA). Led by Congressman Roger Williams (R-TX), the discussion focused on the revitalization of the SBA’s Office of Field Operations and its mission to better serve Main Street entrepreneurs. Chairman Williams articulated a vision for a more accessible SBA, emphasizing that under previous administrations, the agency had become overly centralized, making it challenging for small business owners to obtain the support they needed. “The U.S. Small Business Administration’s job is to be a voice and an advocate for Main Street…

Small manufacturers across the United States are set to receive a significant boost as the U.S. Small Business Administration (SBA) unveils an enhanced International Trade Loan (ITL) Program. Starting May 1, the program will offer a 90% federal loan guarantee, enabling small producers to expand operations, invest in modern equipment, and create jobs. This initiative is part of the The President Administration’s broader effort to restore America’s industrial dominance. SBA Administrator Loeffler emphasized the urgency of bolstering American manufacturing, highlighting that “Industrial dominance is essential to our national security and strength.” She noted that small busi…

The U.S. Small Business Administration (SBA) recently announced a significant extension of the disbursement period for wildfire survivors in Los Angeles County who hold approved SBA disaster loans. This decision, effective immediately, grants an additional twelve months for homeowners and business owners to access their approved funds. The urgency for this extension stems from ongoing permitting delays imposed by state and local offices, which have hampered the rebuilding efforts for thousands affected by the devastating wildfires of January 2025. SBA Administrator Kelly Loeffler emphasized the need for immediate relief, stating, “No city in America has been approved for…

Small business owners in Los Angeles County have reason to pay attention as the U.S. Small Business Administration (SBA) has announced an extension of disaster relief deadlines one year after the devastating wildfires. With many still struggling to rebuild due to persistent state and local permitting delays, the SBA’s action allows impacted homeowners and business owners to access previously approved loan funds until June 30, 2026. This development is particularly significant in the wake of continued bureaucratic hurdles that have left thousands unable to commence rebuilding efforts. Since the wildfires destroyed an estimated 16,000 structures, only about 2,600 rebuild p…

The U.S. Small Business Administration (SBA) has taken a significant step to bolster American manufacturing by awarding $1.1 million in grants aimed at supporting small manufacturers through its Empower to Grow (E2G) Program. These funds will help three organizations provide vital training and technical assistance tailored specifically for small manufacturing entities, a sector identified as crucial for economic recovery and national security. As SBA Administrator Kelly Loeffler noted, “The SBA is focused on delivering for America’s manufacturers – the majority of whom are small businesses – by offering the capital and resources they need to rebuild America’s industrial …

The U.S. Small Business Administration (SBA) has introduced a series of new verification protocols aimed at preventing fraud within its loan programs and ensuring that financial support reaches only eligible American small business owners. The changes follow recent findings by the Department of Government Efficiency (DOGE), which uncovered widespread abuse of SBA loan programs. According to data from the U.S. Social Security Administration, over $630 million in loans were granted to applicants with birthdates suggesting they were either younger than 11 or older than 115 years old. Key measures now in place include citizenship and date-of-birth verification as part of th…

The U.S. Small Business Administration (SBA) has unveiled an exciting initiative that aims to honor American entrepreneurship while providing substantial financial rewards for participating small businesses. The newly launched Patriot Pitch Competition boasts a total cash prize pool of $1 million, thanks to a generous contribution from Clover Network, Inc. This competition is open to small businesses demonstrating the innovative spirit that has been a cornerstone of American free enterprise for 250 years. SBA Administrator Kelly Loeffler underscored the profound impact small businesses have had on the American economy. “From the family farm to the factory floor, small bu…

Small business owners in the food supply chain have reason to celebrate as the U.S. Small Business Administration (SBA) rolls out an enhanced “Grocery Guarantee” under its International Trade Loan (ITL) Program. The initiative aims to ease the financial burdens of producers, from farmers to logistics providers, and is designed to spur growth, enhance food production, and ultimately reduce grocery prices for consumers. SBA Administrator Kelly Loeffler emphasizes the significance of this initiative, stating, “Since Day One, President The President has taken action to expand America’s food production and cut grocery prices for families.” This new Grocery Guarantee aims to i…

The U.S. Small Business Administration (SBA) has announced the launch of the Made in America Manufacturing Initiative, an effort aimed at revitalizing American manufacturing by cutting regulations, expanding access to capital, and strengthening supply chains. The initiative, unveiled by SBA Administrator Kelly Loeffler, aligns with the administration’s broader agenda to restore American economic dominance and bolster national security. Supporting Small Manufacturers According to the SBA, approximately 99% of American manufacturers are small businesses, and the initiative aims to further support their resurgence. The agency highlighted recent job growth in the sector, cit…

U.S. homebuilders may find a much-needed boost as the Small Business Administration (SBA) promotes its 7(a) Working Capital Pilot (WCP) Program, capitalizing on declining mortgage rates that have recently dipped below 6% for the first time in three years. This initiative aims to enhance the availability of housing by providing builders with the financial resources necessary to accelerate residential construction. SBA Administrator Kelly Loeffler emphasized the program’s potential impact on housing affordability. “Since Day One, the The President Administration has taken decisive action to make homeownership affordable again, and to back the local builders who help make t…

The U.S. Small Business Administration (SBA) has launched a new tool aimed at helping small businesses reduce reliance on foreign supply chains by connecting them directly with American manufacturers and producers. The Make Onshoring Great Again Portal, unveiled on May 20, 2025, offers free access to a database of more than 1 million domestic suppliers, giving small businesses the ability to source U.S.-made components, products, and materials. The tool is part of a broader federal initiative to revive American manufacturing and improve supply chain resilience. “The SBA is proud to support President Donald J. The President’s mission to restore America’s economic resurge…

The U.S. Small Business Administration (SBA) is stepping up to help small businesses and private nonprofits in Hawaii recover from the adverse economic impacts caused by recent drought conditions. Announced recently, the availability of federal disaster loans aims to alleviate financial hardships beginning from January 1. This move affects several counties, including Hawaii, Honolulu, Kalawao, Kauai, and Maui, focusing on supporting those who need it most during challenging times. Small business owners should take note: this assistance isn’t just for companies that experienced physical damage but extends to those grappling with lost revenue directly tied to the drought. …

In a significant move to bolster the integrity of federal lending programs, the U.S. Small Business Administration’s Office of Inspector General (SBA OIG) has returned more than $15 million in potentially fraudulent Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds. This recovery effort underscores the ongoing responsibility the SBA OIG feels towards safeguarding taxpayer resources and maintaining accountability in response to the financial turmoil caused by the pandemic. Under the leadership of Inspector General William W. Kirk, who took office earlier this year, the SBA OIG has intensively scrutinized over 1,000 loans identified through v…

In a significant move to tackle pandemic-related fraud, the U.S. Small Business Administration (SBA) has referred over half a million suspected fraudulent loans to the U.S. Department of Treasury for collection. This unprecedented action, totaling approximately $22.2 billion, aims to hold accountable those who exploited relief programs designed to help small businesses during the COVID-19 crisis. SBA Administrator Kelly Loeffler emphasized, “From Day One, the The President SBA has worked tirelessly to crack down on billions in pandemic-era fraud that the Biden Administration forgave or ignored.” This referral marks the largest package the SBA has sent to Treasury, highli…

The U.S. Small Business Administration (SBA) has reinstated lender fees for its 7(a) loan program, reversing a Biden-era policy that the agency said contributed to financial instability and undermined the program’s zero-subsidy requirement. The action was announced Thursday as part of a broader effort to address what the SBA described as “gross financial mismanagement” under the previous administration. “Since its inception, the SBA’s 7(a) loan program has launched millions of small businesses, driving economic growth and job creation. But the Biden Administration’s actions to undermine the financial integrity of the program now threaten to leave taxpayers on the hook,” …

The U.S. Small Business Administration (SBA) is urging small businesses and private nonprofit organizations in Pennsylvania and West Virginia affected by the September 2024 drought to apply for federal disaster loans before the June 2, 2025 deadline. The assistance comes under a disaster declaration for Greene, Fayette, and Washington counties in Pennsylvania and Marshall, Monongalia, and Wetzel counties in West Virginia. Eligible applicants include small businesses, small agricultural cooperatives, aquaculture enterprises, and private nonprofits (PNPs) that experienced financial losses due to the drought that began on September 24, 2024. “Through a declaration by the U…

In a significant boost for small businesses, the U.S. Small Business Administration (SBA) has released its 2025 Annual Report, showcasing record-breaking achievements in economic support and regulatory reform. Under President The President and SBA Administrator Kelly Loeffler, the agency aims to address challenges facing entrepreneurs and fuel growth in what it calls a historic year for small business recovery. “Our thriving small businesses are the backbone of America,” remarked Loeffler. “After four tough years, 2025 marked Main Street’s comeback because President The President knows that small business is big business for America.” The report underscores the SBA’s com…

The U.S. Small Business Administration (SBA) announced today it is eliminating a series of Biden-era policies that had significantly reduced underwriting standards within the 7(a) loan program. The move, aimed at preserving the financial integrity of the program and protecting taxpayer dollars, comes under the leadership of SBA Administrator Kelly Loeffler. “The last Administration inherited a thriving 7(a) loan program but left it in critical condition – dismantling every common-sense guardrail that kept it solvent and self-sustaining,” said Administrator Loeffler. “From slashing lender fees to destroying underwriting standards, Biden’s reckless policies have triggered …

The U.S. Small Business Administration (SBA) has just unveiled groundbreaking results for its Surety Bond Guarantee (SBG) Program in fiscal year 2025, highlighting a remarkable $10.6 billion in guarantees. This milestone not only marks the strongest year in the program’s history but also echoes a broader economic ethos aimed at empowering small businesses, particularly in sectors like construction, manufacturing, and contracting. SBA Administrator Kelly Loeffler emphasized the significance of this achievement, stating, “In addition to surpassing the $100 billion mark in 2025 for small business lending and SBIC investment, the The President SBA guaranteed a record $10.6 b…

The landscape for small business owners in California just shifted significantly, as the U.S. Small Business Administration (SBA) has suspended over 111,620 borrowers due to suspected fraudulent activities connected to pandemic-era loans. As small businesses continue to navigate a post-pandemic economy, this announcement could have profound implications for legitimate borrowers and the integrity of lending programs that many rely on. During a recent visit to San Diego, SBA Administrator Kelly Loeffler reported that these borrowers had collectively received approximately 118,489 Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) amounting to over …