SBA: Agency Moves to Terminate Over 620 Firms in 8(a) Federal Contracting Program That Refused to Turn Over Financial Data
Nearly 20% of all 8(a) contractors removed for non-compliance after dramatic expansion under Biden-era DEI push Today, the U.S. Small Business Administration (SBA) initiated termination proceedings to remove 628 firms from the 8(a) Business Development Program after they refused to comply with SBA’s order to turn over three years’ worth of financial documents for review. Last year, the SBA…
SBA: Agency Highlights Working Capital Loans for U.S. Homebuilders
Up to $5 Million in Flexible Financing Available for Local Builders as Mortgage Rates Hit 3-Year Low for Homebuyers With U.S. mortgage rates dropping to below 6% for the first time in three years, the U.S. Small Business Administration (SBA) is highlighting for homebuilders the 7(a) Working Capital Pilot (WCP) Program. With access to capital, homebuilders can accelerate residential…
SBA: SBA & National Association of Manufacturers to Host National Supplier Matchmaking Expo on March 11th
Registration is Now Open for Inaugural Event to Promote Made in America Today, the U.S. Small Business Administration (SBA) announced that the inaugural 2026 Supplier Matchmaking Expo will take place on March 11, 2026 at the Charlotte Motor Speedway in Charlotte, North Carolina. The event, which is co-hosted by the National Association of Manufacturers (NAM), is designed to support the…
CDFI Fund: Effective Date Extended for CDFI Certification Small Business Loan Disclosure Policy
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has extended the effective date for when CDFI Certification Applicants and currently Certified Community Development Financial Institutions (CDFIs) must begin implementing small business loan product disclosures to borrowers. In December 2023, the CDFI Fund released the final revised CDFI Certification Application. As part of the…
SBA: Agency Moves to Terminate Over 150 8(a) Firms in Washington, D.C. Following Eligibility Review
Firms Received Nearly $1.3 Billion in Federal Contracts During Biden Administration Today, the U.S. Small Business Administration (SBA) sent a letter to 154 Washington, D.C.-based 8(a) firms initiating termination proceedings after an internal review revealed that the firms failed to meet “economic disadvantage” eligibility requirements in the 8(a) Business Development Program. The firms – which will be suspended…
SBA: 2025 Boots to Business Instructor of the Year Award Winners Announced
Recipients to be Recognized During Virtual Ceremony Feb. 19 The U.S. Small Business Administration (SBA) today announced the winners of the 2025 Boots to Business Instructor of the Year awards, honoring educators and professionals whose service and dedication have made a lasting difference for America’s service members, veterans, and military spouses pursuing entrepreneurship. These awards recognize individuals who…
SBA: Working Capital Pilot Program Delivers $150 Million to Support U.S. Manufacturing
Flexible Credit Line Supports Expansion and Job Creation Today, the U.S. Small Business Administration (SBA) announced a major milestone for its 7(a) Working Capital Pilot (WCP) Program, which has delivered more than $150 million in new lending since its inception – of which more than $125 million was approved since President Trump took office last January. The success of the…
SBA: New Regulatory Guidance Issued to Cut California Red Tape and Expedite Los Angeles Wildfire Rebuild
New rule allows builders to self-certify compliance, bypass permitting backlogs, and begin rebuilding Today, the U.S. Small Business Administration (SBA) published regulatory guidance pursuant to President Donald J. Trump’s Executive Order 14277, “Addressing State and Local Failures to Rebuild Los Angeles After Wildfire Disasters,” which will allow builders to self-certify compliance with substantive state and local rebuilding requirements when SBA disaster…
SBA: Over 1,000 8(a) Firms Suspended from Program Following December Document Request
Action is Latest in Sweeping Effort to Dismantle DEI, Expose Fraud, and Restore Integrity to Federal Contracting Today, the U.S. Small Business Administration (SBA) announced the suspension of 1,091 firms from the 8(a) Business Development Program – representing about 25% of all firms registered to participate in the federal government contracting program. The suspension comes after the…
SBA: Agency Ready to Act on President Trump’s Executive Order to Bypass Bureaucracy and Help California Residents Rebuild One Year After Wildfires
Executive action empowers SBA to cut through red tape that has stalled recovery for more than a year Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration(SBA), applauded President Donald J. Trump for signing a new executive order, “Addressing State and Local Failures to Rebuild Los Angeles After Wildfire Disasters,” which encourages the SBA to promulgate new regulations…