SBA: First $30 Million in Loans Delivered Through SBA 90% Grocery Guarantee Announced
Early loan approvals are directing new capital across food supply chain to support lower grocery costs Today, the U.S. Small Business Administration (SBA) announced it has approved 19 loans totaling more than $30 million in just one month through its enhanced 90% Grocery Guarantee. These early approvals mark an important step in President Trump’s effort to make groceries…
SBA: General Motors and SBA to Host Michigan Supplier Matchmaking Expo on June 5th
Registration Now Open for June 5 Event Connecting Major Buyers with Local Small Businesses to Strengthen Domestic Supply Chains Today, the U.S. Small Business Administration (SBA) announced that its second 2026 Supplier Matchmaking Expo will take place on June 5, 2026, at the MotorCity Casino in Detroit, Michigan. The event, which is co-hosted by General Motors, is designed to advance…
SBA: Administrator Loeffler Applauds Signature of Investing in All of America Act to Strengthen the SBIC Program
H.R. 2066 strengthens the SBIC program, expanding access to capital for rural communities and critical industries Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration(SBA), applauded President Donald J. Trump for signing H.R. 2066, the Investing in All of America Act, into law. The legislation, which was sponsored by U.S. House Small Business and Entrepreneurship Committee Member…
SBA: Cumulative 7(a) and 504 Loan Limit Doubled to $10 Million
Effective July 4, eligible borrowers can access record levels of SBA-backed funding Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), announced a new rule that will allow eligible borrowers to combine their 7(a) and 504 loans for up to $10 million in SBA-backed financing, increasing the cumulative loan limit from its current $5 million…
SBA: $1 Million Patriot Pitch Competition Launched to Showcase America’s Entrepreneurs
Freedom 250 Event Celebrates Free Enterprise Through National Small Business Competition for $1 Million Cash Prize Pool Funded by Clover Today, the U.S. Small Business Administration (SBA) launched the Patriot Pitch Competition, a national celebration of 250 years of American free enterprise and the small businesses that drive innovation, create jobs, and generate economic growth. Featuring a…
SBA: New $50 Million Grant Opportunity Announced to Support Made in America Manufacturing, Workforce Training
Manufacturing in America E2G Grants will fund training for small manufacturers in critical industries Today, the U.S. Small Business Administration (SBA) announced a new funding opportunity offering up to $50 million in grant awards to as many as 10 eligible applicant organizations who will provide training and technical assistance to support small manufacturers in the SBA’s Empower to Grow (E2G) Program. The Manufacturing…
SBA: National Small Business Week 2026 Virtual Summit Agenda Announced
America’s Small Business Development Center to Co-host Free Two-Day Virtual Summit from May 5-6 Today, the U.S. Small Business Administration announced its full agendafor the National Small Business Week 2026 Virtual Summit, a free two-day online event that will take place May 5-6. The event is co-sponsored by America’s Small Business Development Center (ASBDC) and will feature educational workshops presented by cosponsors, access to…
SBA: National Small Business Week 2026 Cosponsors Announced
America’s SBDC to Co-Host NSBW Two-Day Virtual Summit Today, the U.S. Small Business Administration announced its full list of cosponsors for National Small Business Week 2026, which will take place from May 3-9. America’s Small Business Development Center (ASBDC) will cohost this year’sVirtual Summit, a free two-day online event that will take place May 5-6, featuring educational workshops presented by cosponsors, access…
SBA: Relief Offered to Hawaii Small Businesses and Private Nonprofits Affected by Drought
Low interest disaster loans now available The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Hawaii to offset economic losses caused by drought beginning Jan. 1. The declaration covers the Hawaii counties of Hawaii, Honolulu, Kalawao, Kauai, and Maui. Under this declaration,…
SBA: Small Business Innovation Research and Small Business Technology Transfer Programs Reauthorized
S. 3971 backs America’s Seed Fund programs for five years, adds reforms to strengthen national security, accountability, and innovation Today, President Donald J. Trump signed into law S. 3971, the Small Business Innovation and Economic Security Act, which reauthorizes and reforms the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. SBA Administrator Kelly…