FFIEC: Federal Bank Regulatory Agencies Release 2025 Small Business, Small Farm and Community Development Lending Data
The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2025. The Community Reinvestment Act regulations require the agencies to annually disclose these data. The FFIEC also prepared aggregate reports of small business and small farm lending…
SBA: Agency Launches iCAP to Modernize 7(a) Loan Origination, Streamline Workflows, and Accelerate Small Business Lending
Phased Onboarding Will Open for Integrated Origination, Risk Management, and Real-Time Processing for SBA Lenders Today, the U.S. Small Business Administration (SBA) announced the new Intelligent Capital Access Platform (iCAP), a modern origination, processing, and management platform designed to make SBA lending faster, simpler and more secure. The new platform marks a historic technology overhaul for the…
SBA: Agency Fuels Main Street Growth with $100 Billion Delivered in FY26
Despite Historic Government Shutdown, Second Year of $100B in Capital Deployed Across Lending, Investment, and Disaster Recovery Today, the U.S. Small Business Administration (SBA) announced that it closed Fiscal Year (FY) 2026 with $100 billion in capital and related assistance delivered through its flagship programs. Despite a 43-day federal shutdown that halted SBA lending for nearly two months of…
SBA: Intent to Award Funding for New VBOC in Idaho Announced
Award Will Expand Entrepreneurial Training and Resources for Idaho Veterans and Military Families Today, the U.S. Small Business Administration (SBA) announced its intent to award funding to establish a new Veterans Business Outreach Center (VBOC) in Idaho, creating a dedicated center that will expand access to entrepreneurial training, business counseling, and resources for veterans, service members, and military…
SBA: Agency Asks Public to Report Suspected Pandemic-Era Fraud Through DOJ Whistleblower Portal
Whistleblower Program Offers Incentives for Reporting PPP and COVID EIDL Fraud Following President Donald J. Trump’s announcement establishing the Fraud Whistleblower Incentive Program (WHIP), the U.S. Small Business Administration (SBA) today called on members of the public, federal employees, lenders, and small business owners to report suspected SBA loan and grant fraud through the new centralized federal portal at america.gov/fraud. …
SBA: HUBZone Expansion Petitions Approved in 18 States
Approvals Cover 252 Governor-Designated Areas and Expand Access to HUBZone Certification for Rural Small Businesses Today, the U.S. Small Business Administration (SBA) announced that it has approved 18 governors’ petitions since January 2025 to create new Governor-Designated Covered Areas under the Historically Underutilized Business Zone (HUBZone) Program. These approvals establish 252 Governor-Designated Covered Areas, expanding access to…
SBA: Nearly 700 Noncompliant 8(a) Firms Referred to GSA to Conduct Contract Audits
Firms Face GSA Contract Review After Removal from SBA 8(a) Program Today, the U.S. Small Business Administration (SBA) referred 689 firms that were removed from its 8(a) Business Development Program to the U.S. General Services Administration (GSA) for a comprehensive review of their previous government contract awards. Earlier this year, the firms were removed from…
SBA: Million Dollar Pitch Competition Now Streaming on YouTube and Prime Video
Celebrating 250 Years of Free Enterprise, Five Small Businesses Compete for a Share of $1 Million Cash Prize Pool Funded by Clover Today, the U.S. Small Business Administration (SBA) announced that the special broadcast event for the Million Dollar Pitch Competition is now streaming globally on Prime Video and YouTube. The high-stakes special features five small businesses competing…
SBA: $9.5 Million Awarded to Tribal Colleges and Training Hubs in Support of Small Manufacturers
E2G Grants Support Tribal Colleges and Training Hubs to Strengthen Domestic Manufacturing and Critical Supply Chains Today, the U.S. Small Business Administration (SBA) announced $9.5 million in awards to two tribal organizations that will provide hands-on, in-person manufacturing training and rapid reskilling for employees of 8(a) and HUBZone-eligible small businesses in critical industries through its Manufacturing in…
SBA: Million Dollar Pitch Competition to Stream on Prime Video and YouTube on October 20th
Five entrepreneurs will take the stage to compete, alongside Nicki Minaj, Grant Cardone, Joe Gebbia, and Dean Cain on October 20th Today, the U.S. Small Business Administration (SBA) announced that its Million Dollar Pitch Competition will stream starting October 20 on Prime Video and YouTube. The high-stakes contest, hosted by Dean Cain and judged by celebrity entrepreneurs Nicki Minaj, Grant Cardone, and…