SBA: Agency Delivers Record Capital to Small Businesses in FY25
America First agenda boosts small business optimism and growth Today, the U.S. Small Business Administration (SBA) announced that it will close Fiscal Year (FY) 2025 with the most capital ever delivered to small businesses thanks to a surge in demand and confidence under the leadership of President Donald J. Trump. In total, the agency has guaranteed 84,400…
SBA: 12th Annual National Veterans Small Business Week Announced
Veteran Entrepreneurs to be Recognized November 3rd-7th, 2025 Today, the U.S. Small Business Administration (SBA) announced that it will celebrate the 12th consecutive year of National Veterans Small Business Week (NVSBW) from Nov. 3–7, 2025. The week honors America’s 1.6 million veteran-owned small businesses and the commitment to excellence, quality, and strength that defines veteran entrepreneurship across all sectors,…
White House: Office of Federal Procurement Policy and SBA Reinforce Small Business Participation in Federal Contracting
Today, the Office of Management and Budget’s Office of Federal Procurement Policy and other members of the FAR Council, in close consultation with the Small Business Administration (SBA), released streamlined regulatory coverage on small business contracting. Small businesses are the cornerstone of the U.S. economy. The nation’s 34 million small businesses now account for well…
SBA: $1.1 Million Awarded to Support Made in America Manufacturing
E2G Grants will fund training for small manufacturers in critical industries Today, the U.S. Small Business Administration (SBA) announced it has awarded $1.1 million in grants to three applicant organizations who will provide training and technical assistance to support small manufacturers in the SBA’s Empower to Grow (E2G) Program. These qualified awardees will deliver regional support to small manufacturers in critical…
SBA: Loan Fees Waived for Small Manufacturers in Fiscal Year 2026
One-Year Waiver Incentivizes Return to Industrial Dominance Today, in support of the Trump Administration’s broader effort to rebuild American industrial dominance, the U.S. Small Business Administration (SBA) announced that it would waive most upfront fees for small manufacturers in fiscal year 2026. With the fee burden reduced, the SBA will empower more small manufacturers (NAICS 31-33) with…
ICBA: ICBA Urges Congress to Ensure Deposit Insurance Reforms Enhance Small Business Coverage, Curb Favorable Too-Big-To-Fail Treatment
The Independent Community Bankers of America (ICBA) today called on Congress to consider deposit insurance reforms that enhance coverage for small businesses, address the more favorable regulatory treatment the nation’s largest banks receive under the current framework, and ensure community banks are not penalized. In a statement for the record for today’s Senate Banking Committee hearing on…
ICBA: New Analysis Shows Sharp Decreases in Small Business and Mortgge Lending Following Credit Union Acquisitions of Community Banks
The Independent Community Bankers of America (ICBA) today released the results of a new data analysis demonstrating that the growth of tax-exempt credit unions acquiring tax-paying community banks is harming small businesses and local communities while community banks outperform credit unions in high-poverty areas. In a new blog post, ICBA President and CEO Rebeca Romero Rainey details ICBA’s…
SBA: First-Ever Loan Program Dedicated to American Manufacturers Launched
MARC Loans Will Expand Access to Credit Lines that Create Jobs, Onshore Production, and Support the Return of Industrial Dominance Today, the U.S. Small Business Administration (SBA) launched its first-ever loan program dedicated to supporting America’s small manufacturers, which make up 98% of all U.S. manufacturers. The 7(a) Manufacturer’s Access to Revolving Credit (MARC) Loan Program will offer working capital…
SBA: Letter Issued to Lending Network Instructing Them to End Practice of Debanking
Agency Takes Decisive Action to Enforce President’s Directive to Stop Financial Discrimination Today, the U.S. Small Business Administration (SBA) sent a letter to its network of over 5,000 lenders instructing them to end politicized or unlawful banking practices. Pursuant to Executive Order 14331, “Guaranteeing Fair Banking for All Americans,” SBA is requiring all lenders to stop the practice…
SBA: Disaster Relief Offered to New York Businesses, Private Nonprofits and Residents Affected by Severe Storms and Flooding
Low interest disaster loans now available The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans for New York businesses, private nonprofits, and residents affected by the severe storms and flooding occurring June 22, 2025. The SBA issued a disaster declaration in response to a request received from Gov. Kathy…