Promises Made, Promises Kept

There are 36 million small businesses in America, a record high under the leadership of President Donald J. Trump. To advance the America First agenda, the Trump SBA has restored its founding mission of empowering small businesses and driving economic growth – taking historic steps to shrink bureaucracy, crack down on fraud, and advance the deregulatory, affordability, and fair trade agendas.

Thanks to President Trump, consumer confidence is on the rise, small business optimism remains above its 52-year average, and the agency approved record capital of $100 billion in 2025 amid historic demand from entrepreneurs seeking funding to hire, invest, and grow.

Delivering Historic Capital

• SBA delivered record capital to small businesses in FY25, guaranteeing a combined 85,000 7(a) and 504 small business loans for a total of $45 billion, a majority of which were approved after President Trump took office.
• SBA’s Small Business Investment Company (SBIC) program closed FY25 with the largest level of investment capital in the program’s history – reaching $53 billion in combined private capital and SBA leverage.
• SBA delivered over $6 billion in assistance to disaster survivors in FY25, comprised of over 51,000 disaster loans with an average loan approval time of just 17 days.
• SBA reversed the Biden administration’s gross financial mismanagement that put billions of taxpayer dollars at risk in its core 7(a) loan program, by restoring lender fees and protecting the future of the program.
• SBA rolled out citizenship and age verification for all SBA loan applications to ensure only legal, eligible applicants can access SBA programs.
• SBA overhauled the reckless Biden-era Community Advantage Small Business Lending Company (SBLC) program that had alarmingly high rates of loan default due to lax oversight.

Eliminating Fraud and Cutting Regulations

• SBA launched a full-scale audit of our 8(a) Business Development Program after a DOJ investigation uncovered a years-long $550 million fraud and bribery scheme.
• SBA ordered all 3,400 8(a) contractors to provide financial documents for review as part of an ongoing effort to expose fraud, waste, and abuse.
• SBA launched an investigation into numerous individual actors, including those indicted as part of the broader pandemic fraud scandal in Minnesota.
• SBA helped eliminate an estimated $98 billion in red tape and launched a new  Deregulation Strike Force to eliminate costly Biden-era regulations and boost affordability.
• SBA partnered with EPA to end overreaching diesel exhaust fluid mandates, which plagued truckers, farmers, and diesel equipment operators with burdensome red tape.

Rebuilding American Industry

• SBA launched the Made in America Manufacturing Initiative, focused on rebuilding American industry to create good-paying jobs, secure our supply chains, promote fair trade, and restore the blue-collar boom of President Trump’s first Administration.
• Administrator Loeffler hit the road with Vice President JD Vance and others for a nationwide Made in America Manufacturing Tour across dozens of states to promote the initiative and meet directly with the entrepreneurs who are building the future.
• SBA created a first-of-its-kind Onshoring Portal to connect small businesses with a network of more than 1 million domestic suppliers and producers.
• SBA helped introduce new bipartisan legislation, the Made in America Manufacturing Finance Act, which will double SBA loan limits for small manufacturers.
• SBA launched the 7(a) Manufacturer’s Access to Revolving Credit (MARC) Loan Program, the agency’s first-ever loan program dedicated to supporting America’s small manufacturers – which has already delivered $3.5 million to reindustrialize America.
• SBA waived loan fees for small manufacturers in FY26 to empower them with the capital necessary to increase hiring, growth, and production and to reshore jobs, supply chains, and national security.
• SBA partnered with the Department of Labor by signing a memorandum of understanding to support domestic manufacturing by cultivating a pipeline of skilled workers.
• SBA launched a new grant funding opportunity, the Manufacturing in America Grant, to provide up to $1.1 million for training and technical assistance to support small manufacturers.

Supporting the America First Agenda

• SBA supported President Trump’s One Big Beautiful Bill (OBBB), a landmark victory for America’s small businesses that cements his legacy as the greatest small business champion our country has ever known.
• SBA launched its new Center for Faith and eliminated a Biden-era ban on disaster relief for faith-based businesses, community organizations, and houses of worship.
• SBA led the effort to gather data and support President Trump’s EO to end the politicized and unlawful debanking practices of financial institutions who wrongfully denied access to financial services on the basis of political, religious, or ideological beliefs.
• SBA instituted reforms to put American citizens first by ending taxpayer benefits for illegal aliens and moving SBA offices out of sanctuary cities.

Enhancing Efficiency

• SBA required all employees to return to full-time in-person work and moved 30% of our workforce to the field to better serve Main Streets across America.
• SBA eliminated hundreds of wasteful contracts, reducing total agency spending by at least $190 million.
• An SBA-wide reorganization reduced the agency’s workforce by about 50%, ending the expansive social policy agenda of the prior administration, eliminating non-essential roles, and returning to pre-pandemic staffing levels.
• SBA reinstated a rule to require government contractors to return to in-person work, ending a COVID-era policy and sending the message that America is open for business.
• SBA cleared the Biden-era backlog of Veteran Small Business Certification applications created by the wrongful diversion of resources to agency DEI efforts.