WASHINGTON, DC -Top Democrats have criticized a new Small Business Administration policy that blocks businesses owned by legal permanent residents from obtaining SBA loans. They said the move hurts ...

Key insight: A bill passed by the House and under consideration by the Senate would double the loan-size limit for SBA manufacturing loans to $10 million. Why it matters: Lending spiked nearly 60% the ...

The Small Business Administration on Wednesday said it sent letters to 154 firms located in Washington, D.C., informing them that they no longer meet the “economically disadvantaged” requirements. SBA ...

Policy changes at the Small Business Administration limiting the kind of people who are eligible for its loan programs will result in fewer business loans issued across the state, said Raymond ...

The Small Business Administration (SBA) announced Friday it had suspended more than 100,000 California borrowers amid suspected fraud, with the alleged abuse totaling nearly $9 billion. SBA ...

As SBA COVID EIDL payments come due, many small-business owners can’t afford to pay. This guide breaks down the consequences of falling behind and the options borrowers may still have. Many, or all, ...

On March 1, the United States Small Business Administration will discontinue the use of the FICO Small Business Scoring Service. Without the SBSS score to expedite the loan process, lenders will have ...

Sen. Ed Markey and Rep. Nydia Velazquez have blasted SBA's new eligibility policy. Less than two months after implementing a policy that opened the door a crack to businesses with limited noncitizen ...

NEW YORK (AP) — The Small Business Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, effective March 1. Retirement savings plans can be used to fund ...

NEW YORK (AP) — The Small Business Administration said in a policy note that green card holders won't be allowed to apply for SBA loans, effective March 1. The move is the latest by the SBA as it ...

FILE - Small Business Administration administrator Kelly Loeffler listens during a hearing of the Senate Committee on Capitol Hill, May 21, 2025, in Washington. (AP ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The suspended firms collectively ...