The Trump administration is trying to pad the bread-and-butter loan program’s coffers after it lost $274 million during the ...
Small-business owners could pay thousands more in loan fees as the SBA looks to cut costs and rightsize its lending ...
The SBA plays a critical role in supporting small businesses during times of crisis. Established in 1953, the agency provides low-interest loans to entrepreneurs and business owners who face ...
The Trump administration wants the Small Business Administration to shrink its workforce by 43%. At the same time, the agency ...
Elon Musk's DOGE recently announced that the SBA will be placing new age requirements on business loans amid sweeping staffing cuts.
The mid-year fee hike was necessary to reverse a revenue shortfall in the agency's 7(a) program, according to Administrator Kelly Loeffler.
The agency will cut about 2,700 positions out of its workforce of nearly 6,500 employees, reverting to staffing levels from ...
The SBA did not include managing the $1.6 trillion federal student loan portfolio anywhere within its memo announcing its restructuring.
A group of 24 House Democrats blasted the Small Business Administration (SBA) and is asking the agency for more answers over ...
President Donald Trump on Friday said federal student loans will be moved from the Department of Health to the Small Business ...