Lawmakers take action after report shows Biden-era SBA failed to probe 2 million alleged COVID aid fraudsters
Small Business Committee chairs Joni Ernst and Roger Williams plan to launch an effort to help bring COVID fraudsters to ...
SBA Head Kelly Loeffler's Visit to Los Angeles: A Focus on Wildfire Recovery for Small Businesses
The SBA plays a critical role in supporting small businesses during times of crisis. Established in 1953, the agency provides low-interest loans to entrepreneurs and business owners who face ...
American Banker5d
SBA moves to increase lender fees in flagship program
The mid-year fee hike was necessary to reverse a revenue shortfall in the agency's 7(a) program, according to Administrator Kelly Loeffler.
SBA loan fees are going up immediately. Here's what to know.
Small-business owners could pay thousands more in loan fees as the SBA looks to cut costs and rightsize its lending ...
SBA Reinstates Lender Fees On Its Flagship Loan Program
The Trump administration is trying to pad the bread-and-butter loan program’s coffers after it lost $274 million during the ...
SBA ends Covid-era hardship program. Thousands of businesses could face higher payments.
The Small Business Administration is ending its Hardship Accommodation Plan, which will mean higher Covid Economic Injury ...
A new bill would give prosecutors 10 years to bring fraud charges over a pandemic program that paid pop stars millions
The SBA Fraud Enforcement Extension Act would broaden the window of time for prosecutors to bring charges of defrauding two ...
How DOGE Is Changing the Process for SBA Loans
Elon Musk's DOGE recently announced that the SBA will be placing new age requirements on business loans amid sweeping staffing cuts.
SGB Online5d
SBA Implements Made in America Manufacturing Initiative
As part of the Made in America Manufacturing Initiative, the SBA will: Cut $100 billion in regulation through the Office of ...
Crain's Cleveland Business1d
As new tariffs loom, SBA leadership rolls out Made in America strategy
The new slate of programs comes as the Trump administration is proposing to cut 2,700 jobs — nearly half of SBA’s workforce — and canceling office leases in several cities, including Cleveland, while ...