Tag Archives: Small Business Administration

President Donald Trump announced Friday that the Small Business Administration (SBA) will take over management of the country’s $1.6 trillion federal student loan portfolio, removing it from the Department of Education. “We have a portfolio that is very large, lots of loans, tens of thousands of loans, pretty complicated deal,”Trump …

The U.S. Senate on Wednesday confirmed Kelly Loeffler, a former senator from Georgia and a staunch supporter of President Donald Trump, as the new administrator of the Small Business Administration (SBA). Her confirmation marks a return to Washington for the businesswoman and political donor, who has been a key figure …

President-elect Donald Trump announced Wednesday that former Sen. Kelly Loeffler will be his nominee to lead the Small Business Administration (SBA), praising her business acumen and dedication to cutting government red tape. “Kelly will bring her experience in business and Washington to reduce red tape and unleash opportunity for our …

The Restaurant Revitalization Fund was part of the American Rescue Plan that passed in March. It provided $26.8 billion to businesses impacted by the Covid-19 pandemic. However, over 362,000 businesses applied for $75 billion in assistance in less than a month. The fund got 3 times as many requests as …