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The Latest Breaking News from Small Business Administration

For restaurants Covid-19 was a crisis – pandemic loans are proving a disaster

Low-interest loans kept many eateries afloat. But the industry never recovered enough for them to repay the debt

The Guardian - US · Oct 16

After Susan Dell’s Viral Transformation, Video Of Top Official Fuels Speculation Over Women In Trump’s Circle

Women associated with the president have been drawing unusual attention this week, with Kelly Loeffler being the latest to land on the “MAGA face” list.

Bored Panda · Oct 16

Trump team wants to expand the definition of ‘small business’ to include billion-dollar companies

The Small Business Administration is proposing a rule that would massively increase the cap at which companies are considered ‘small’ – with some allowed to make over $1 billion

The Independent UK · Aug 26

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Trump's White House Has a Record Number of Ultra-Rich Officials: Here's Who They Are

President Donald Trump has assembled an administration with an unprecedented concentration of wealth, with 57 senior officials worth at least $100 million each, more than four times the combined number found in the administrations of his three immediate predecessors, according to a new analysis.

Latin Times · Aug 18

Trump Cabinet member roasted for awkward TikTok video: ‘Walks like the aliens’

The Small Business Administration is one of several government agencies to launch TikTok accounts after the app was cleared for use by federal employees

The Independent UK · Aug 15

Trump plans to import more beef from overseas to bring down record-high prices, report says

The White House has previously pushed to investigate meat packers for price fixing and boosted imports from Argentina

The Independent UK · May 11

New SBA rule bans foreigners, non‑citizens from taking small business loans; takes effect in 30 days

The US Small Business Administration (SBA) has announced a new policy that will bar foreign nationals and non‑citizens from accessing SBA‑guaranteed small business loans.

The Times of India · Mar 9

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Exclusive: Kelly Loeffler, a Trump cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent companyKelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company

Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock.

Fortune · Jun 11, 2025

Trump nominates wrestling billionaire Linda McMahon as education secretary

The billionaire former WWE CEO served as the head of the Small Business Administration from 2017 to 2019

The Independent UK · Nov 20, 2024

Who are America’s billionaires backing this election?

More billionaires are backing Harris than Trump, but Trump’s billionaires are giving him larger amounts, Graig Graziosi reports

The Independent UK · Nov 3, 2024

Small Business Administration Accused Of Partisan Voter Registration Scheme

Small business leaders in Congress raise concerns about SBA's voter registration agreement with Michigan, highlighting lack of cooperation and potential po...

Biden makes formal plea to Congress for disaster loan funds - Roll Call

The Small Business Administration's disaster loan program is expected to run out of funding before the November elections.

Roll Call · Oct 4, 2024

Baltimore Bridge Collapse Disrupts Port Operations And Recovery Efforts

Tugboat navigates alternate channel to bypass collapsed bridge in Baltimore port, recovery operations continue.

Vice President Announces Second Chances for Small Business Entrepreneurs

Discover how the Vice President is championing second chances for individuals with criminal records by providing access to Small Business Administration lo...

Watch: Biden hosts SBA Women’s Business Summit at White House

Joe Biden hosted the second annual Small Business Administration (SBA) Women’s Business Summit at the White House on Monday, 27 March.

Reason · Mar 18, 2023

How Should a Bureaucrat Proceed if He Doubts a Contractor's Self-Declared Race?

For federal transportation contracting and for Small Business Administration progams, it's advantageous to have one's business certified as a Disadvantaged Business Enterprise, or DBE. The simplest way of gaining DBE status is for the business to be at least 51% owned by a member of one of the "official" minority…

The Guardian - US · Feb 19, 2023

Why aren’t more small business owners taking advantage of government help?

Many entrepreneurs often overlook programs and tax incentives designed to lend them a helping hand – to their own detriment

Chicago Sun-Times · Jan 27, 2023

Clusters of pandemic relief loans went to the same Chicago addresses, including homeless shelters, Sun-Times finds

One Paycheck Protection Program loan recipient who used a Salvation Army address said he was a farmer. A dozen others said they operated barber shops or beauty salons. Most got loans of about $20,000, the maximum based on a yearly income of at least $100,000.

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WEKU · Jan 9, 2023

How the Paycheck Protection Program went from good intentions to a huge free-for-all

An NPR analysis of data released by the Small Business Administration shows the vast majority of Paycheck Protection Program loans have been forgiven, even though the program was rampant with fraud.

Fortune · Dec 13, 2022

U.S. Patent and Trademark Office director wants more women to secure patents. That could add $1T to the economy

Women only hold 13% of U.S. patents.

The Guardian - US · Dec 8, 2022

Florida’s ‘don’t say gay’ bill author indicted for money laundering

Federal grand jury also charged Republican lawmaker Joe Harding with ‘fraudulently obtaining’ $150,000 in Covid relief funds

The Independent UK · Dec 1, 2022

House panel says lax screening helped facilitate PPP fraud

A House investigations panel says financial technology firms “abdicated” their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers employed during the pandemic

Chicago Sun-Times · Oct 5, 2022

Disaster declaration approved for Austin building collapse

The declaration will allow residents to apply for low-interest loans to rebuild their lives and property.

The Conversation · Oct 4, 2022

Recovery from a disaster like Hurricane Ian takes years, and nonprofits play many pivotal roles before and after FEMA aid runs out

Massive storms like Ian and Fiona mark the beginning of a long and frustrating process for anyone who loses their home and possessions.

The Independent UK · Aug 26, 2022

Secret Service recovers $286M in stolen pandemic loans

The U.S. Secret Service said Friday that it has recovered $286 million in fraudulently obtained pandemic loans and is returning the money to the Small Business Administration

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