SBA: Center of Faith Launched Including Removal of Ban on Disaster Relief for Faith Organizations
Today, the U.S. Small Business Administration (SBA) launched its Center for Faith to empower faith-based businesses, community organizations, and houses of worship with access to capital, counselling, and government contracting opportunities. As part of its commitment to ending federal discrimination against religious entities, the agency is also eliminating a regulation, previously upheld by the Biden…
SBA: Interagency Task Force on Veterans Small Business Development to Host Public Meeting on July 15
Today, the U.S. Small Business Administration (SBA) announced that the quarterly Interagency Task Force (IATF) on Veterans Small Business Development meeting will occur on July 15, 2025. The public is encouraged to attend this meeting and hear updates on the status of policies and initiatives that affect veteran-owned businesses. “Veterans’ resourcefulness, determination, and grit are just a…
SBA: Agency Approves California Governor Newsom’s Disaster Declaration for Los Angeles
Federal Relief Mobilized to Address Estimated $1B in Damage from Violent Rioters Attacking Federal Law Enforcement Today, the U.S. Small Business Administration (SBA) announced approval of Governor Gavin Newsom’s long-overdue request for disaster relief in downtown Los Angeles, where he allowed pro-illegal alien riots to harm our brave ICE agents and destroy small businesses in the city….
SBA: Administrator Loeffler Orders Full-Scale Audit of SBA 8(a) Contracting Program
Investigation will refer fraud, bribery for enforcement Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), announced that she has directed the SBA’s Office of General Contracting and Business Development to launch an immediate and full-scale audit of the agency’s 8(a) Business Development Program after a U.S. Department of Justice (DOJ) investigation uncovered a years-long fraud and…
SBA: Agency Launches Onshoring Portal to Help Small Business Identify U.S. Manufacturers and Producers
New Tool Connects Small Businesses to Network of more than 1 Million Domestic Suppliers Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), announced the launch of the Make Onshoring Great Again Portal, a free tool designed to help small businesses identify U.S. manufacturers and producers. With a database of more than 1 million American suppliers,…
SBA: Agency Overhauls Community Advantage Small Business Lending Company Loan Program for Underserved Commuities and Mission-Based Lenders
Agency Ends Expansion of “Mission Based” Community Advantage Loans Today, the U.S. Small Business Administration (SBA) announced an overhaul of the Community Advantage Small Business Lending Company (SBLC) program – a Biden-era program designed to grant government-backed 7(a) loans to “underserved communities” through “mission-based lenders.” As with other Biden-era schemes, lax oversight of the program has resulted…
SBA: Agency Celebrates National Small Business Week Following White House Proclamation
Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), joined the nation in recognizing National Small Business Week after President Donald J. Trump issued a formal proclamation(Link is external) declaring that the week would take place May 4-10, 2025. “This National Small Business Week, we honor the vital role that America’s entrepreneurs and job creators play in…
ICBA: Latest ThinkTECH Accelerator Cohort Announced
The Independent Community Bankers of America® (ICBA) today announced the selected companies for its ninth ICBA ThinkTECH Accelerator program (AP9). In market May 19 – July 25, the solutions represented in the second cohort of 2025 cover a broad range of key areas critical in helping community bankers meet a wide range of customer needs. …
ICBA: ICBA Honors Community Banks’ Role in Powering Small Business Success During Small Business Month
In recognition of National Small Business Month this May, the Independent Community Bankers of America® (ICBA) is celebrating the critical role community banks play in supporting the nation’s small businesses—the backbone of the American economy. Community banks fund more than 60% of small business loans, helping entrepreneurs launch, grow, and sustain their businesses. Their relationship-based…
SBA: New Legislation Will Double SBA Loan Limits and Supercharge Return of Made in America
Administrator Loeffler Applauds Congressional Proposal to Increase Capital for Small Manufacturers Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA) applauded Senator Joni Ernst (R-IA) and Congressman Roger Williams (R-TX) for introducing new legislation(Link is external) that will double the individual loan limit for 7(a) and 504 small business manufacturing loans from $5 million to $10 million….