SBA: Record Holiday Spending and Consumer Turnout Underscore Rising Economic Confidence
Nearly 203 million Americans shopped over the Thanksgiving weekend Today, the U.S. Small Business Administration (SBA) highlighted record-breaking consumer engagement over the Thanksgiving holiday weekend as strong evidence that confidence in the U.S. economy, which is anchored by small businesses, is returning under President Trump’s pro-growth economic agenda. According to new data released by the National Retail Federation (NRF),…
SBA: Deadline for 2026 National Small Business Week Award Nominations Extended to December 22nd
Nominations Encouraged for Exceptional Entrepreneurs in Every State Today, the U.S. Small Business Administration (SBA) extended the 2026 National Small Business Week awards nominations deadline to 2 p.m. ET on Monday, Dec. 22, 2025. National Small Business Week recognizes the contributions of America’s 36 million small businesses – which make up 99% of all businesses in America, create…
SBA: Administrator Loeffler Applauds House Passage of “Made in America Manufacturing Finance Act”
H.R. 3174 doubles SBA manufacturing loan limits from $5 million to $10 million Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA) applauded the U.S. House of Representatives’ bipartisan and unanimous passage of H.R. 3174, the Made in America Manufacturing Finance Act, which will double the SBA’s loan limit from $5 million to $10 million for small manufacturers. The…
SBA: Agency Encourages Americans to Shop Small on Small Business Saturday®, November 29th
Today, the U.S. Small Business Administration (SBA) is encouraging Americans to support Main Streets across America by “shopping small” ahead of the holiday season on Small Business Saturday, November 29th. As one of the most important economic drivers of the year, Small Business Saturday, created by American Express, has generated over $220 billion* for independent retailers, restaurants, and…
SBA: SBIC Program Delivers Record Capital in FY25
America First agenda fuels surge of investment in nation’s small businesses Today, the U.S. Small Business Administration (SBA) announced that the Small Business Investment Company(SBIC) program closed Fiscal Year 2025 (FY25) with the largest level of investment capital in the program’s history. In total, the SBIC program reached $53 billion in combined private capital and SBA leverage, compared…
SBA: Shutdown Blocks SBA from Delivering $5 Billion to Small Businesses
10,000 Small Businesses Lost Access to SBA-Guaranteed Capital During Funding Lapse Today, the U.S. Small Business Administration (SBA) announced the cumulative impact of the federal shutdown on its small business lending programs. For fiscal year 2025 (FY25), the agency guaranteed a record 84,400 7(a) and 504 loans, delivering $45 billion to Main Street thanks to a historic demand for…
SBA: Agency Clears VetCert Program Backlog to Put Veteran Entrepreneurs First
Agency Restores Statutory Staffing and Funding to Support Veteran Contracting Opportunities Today, the U.S. Small Business Administration (SBA) announced that the agency has cleared the Biden-era backlog of Veteran Small Business Certification (VetCert) applications, which accumulated after the prior Administration diverted all resources away from VetCert to increase certification approvals for “socially disadvantaged” small businesses within the 8(a) Business Development…
SBA: Over $6 Billion in Assistance Delivered to Disaster Survivors in FY25
Agency’s rapid, reliable support for disaster recovery aided 51,000 Americans and is now available to impacted Alaskans Today, on the heels of her latest disaster visit to the state of Alaska, U.S. Small Business Administration(SBA) Administrator Kelly Loeffler announced that the agency closed Fiscal Year 2025 (FY25) with $6 billion in assistance delivered to disaster survivors. Under the…
SBA: National Veterans Small Business Week Canceled Due to Federal Shutdown
Celebration Honoring America’s Heroes Canceled After Senate Democrats Block Clean Funding Bill Today, the U.S. Small Business Administration (SBA) announced that the agency’s 12th annual National Veterans Small Business Week (NVSBW) celebration, originally scheduled for November 3-7, 2025, has been canceled due to the ongoing federal shutdown. The week-long recognition, which would have honored America’s 1.6 million veteran-owned small…
ICBA: Statement on Ending Goverment Shutdown Issued
The Independent Community Bankers of America (ICBA) issued the following statement on the federal government shutdown. “While the nation’s community banks continue working every day to support economic growth in the local communities they serve, the ongoing government shutdown threatens to harm economic growth and Main Street economies. ICBA and the nation’s community bankers encourage…