Close Menu
Global News HQ
    What's Hot

    Alexander Wang Fall 2025 Ready-to-Wear Collection

    August 18, 2025

    EO Seeks to Expand Access to Alternative Asset Investments in Retirement Plans

    August 18, 2025

    The Big-Boss Trend Is Squeezing Flexible Work Perks. Here’s Why You Should Care

    August 18, 2025
    Recent Posts
    • Alexander Wang Fall 2025 Ready-to-Wear Collection
    • EO Seeks to Expand Access to Alternative Asset Investments in Retirement Plans
    • The Big-Boss Trend Is Squeezing Flexible Work Perks. Here’s Why You Should Care
    • 5 Things You Should Never Keep in Your Kitchen Cabinets, According to Organizers
    • ‘Skibidi’ and ‘delulu’ among new words added to Cambridge Dictionary. Read their definitions.
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Alexander Wang Fall 2025 Ready-to-Wear Collection
    • EO Seeks to Expand Access to Alternative Asset Investments in Retirement Plans
    • The Big-Boss Trend Is Squeezing Flexible Work Perks. Here’s Why You Should Care
    • 5 Things You Should Never Keep in Your Kitchen Cabinets, According to Organizers
    • ‘Skibidi’ and ‘delulu’ among new words added to Cambridge Dictionary. Read their definitions.
    • Shifting sands in commercial property insurance
    • Peter Thiel-backed Ethereum treasury ETHZilla officially rebrands, now holds 94,675 ETH
    • Why Employers Predict a 10% Increase in Healthcare Costs for 2026 – MedCity News
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Business & Entrepreneurship - SBA Reports Major Increase in Manufacturing Loans Under Trump Administration
    Business & Entrepreneurship

    SBA Reports Major Increase in Manufacturing Loans Under Trump Administration

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    SBA Reports Major Increase in Manufacturing Loans Under Trump Administration
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The U.S. Small Business Administration (SBA) announced a significant increase in 7(a) loan approvals for small manufacturers during the first 90 days of the Trump Administration. According to data released April 17, the number of loans issued through the SBA’s flagship lending program has risen by 74% compared to the same period during the start of the Biden Administration.

    Since January 20, 2025, SBA has approved more than 1,120 7(a) loans for manufacturers, totaling $677 million. By comparison, during the first 90 days of 2021, fewer than 650 loans were approved, amounting to $497 million in total loan volume. The 7(a) program provides government-backed financing for small businesses to fund equipment purchases, real estate, working capital, and business expansion.

    “Loan applications and approvals for small manufacturers are surging – a clear sign that American manufacturing is roaring back, fueled by pro-growth policies that put American workers and businesses first,” said SBA Administrator Kelly Loeffler. “Thanks to President Trump’s agenda to restore economic and national security, SBA is helping to power an industrial comeback – meeting massive demand to help America’s small producers expand operations, create good-paying jobs, and restore our supply chains.”

    Nearly 99% of American manufacturers are classified as small businesses, and the SBA continues to prioritize this segment of the economy through targeted initiatives and lending support.

    The increase in lending activity coincides with the Trump Administration’s focus on domestic production. SBA attributes the growth in loan volume to pro-business measures such as tax cuts, deregulation, energy independence policies, and tariffs. The agency noted that 10,000 manufacturing jobs were gained during President Trump’s first full month in office, in contrast to the more than 111,000 jobs lost in the sector during 2024 under the previous administration.

    In March, SBA launched the Made in America Manufacturing Initiative, a campaign aimed at reducing regulatory burdens, improving access to capital, and supporting workforce development in manufacturing. The agency stated that the initiative’s goal is to cut $100 billion in red tape and provide direct support to small producers.






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleInstagram co-founder: Zuckerberg saw us as a ‘threat’ to Facebook
    Next Article Is The Bitcoin Price Top In At $109,000 Already? What The MVRV Z-Score Says

    Related Posts

    The Big-Boss Trend Is Squeezing Flexible Work Perks. Here’s Why You Should Care

    August 18, 2025

    AI Frees Up Your Time — Here’s Why You Should Spend It With Your Employees | Entrepreneur

    August 18, 2025

    10 Essential Items for Your Orientation Checklist

    August 18, 2025

    US-India Trade Talks Scheduled for August Called Off, Source Says

    August 17, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Luxury Goods & Services
    1 Min Read

    Alexander Wang Fall 2025 Ready-to-Wear Collection

    Alexander Wang is back on the New York Fashion Week schedule for the first time…

    EO Seeks to Expand Access to Alternative Asset Investments in Retirement Plans

    August 18, 2025

    The Big-Boss Trend Is Squeezing Flexible Work Perks. Here’s Why You Should Care

    August 18, 2025

    5 Things You Should Never Keep in Your Kitchen Cabinets, According to Organizers

    August 18, 2025
    Top
    Luxury Goods & Services
    1 Min Read

    Alexander Wang Fall 2025 Ready-to-Wear Collection

    Alexander Wang is back on the New York Fashion Week schedule for the first time…

    EO Seeks to Expand Access to Alternative Asset Investments in Retirement Plans

    August 18, 2025

    The Big-Boss Trend Is Squeezing Flexible Work Perks. Here’s Why You Should Care

    August 18, 2025
    Our Picks
    Luxury Goods & Services
    1 Min Read

    Alexander Wang Fall 2025 Ready-to-Wear Collection

    Alexander Wang is back on the New York Fashion Week schedule for the first time…

    Legal
    4 Mins Read

    EO Seeks to Expand Access to Alternative Asset Investments in Retirement Plans

    For purposes of this EO, the term “alternative assets” is broadly defined as follows: Private market…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version