June 24, 2025

Small Business Administration

Loans

SBA administrator Loeffler tours Transylvania County NC outfitter

U.S. Small Business Administration (SBA) Administrator Kelly Loeffler At a visit to a river sports business in Pisgah National Forest, the Small Business Administration’s Kelly Loeffler pointed to its impact post-Helene. Small Business Administration leader Kelly Loeffler visited Pisgah National Forest June 19. Small Business Administration loans kept some businesses afloat post-Helene, one business owner

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Loans

SBA Loans Now Off Limits For Firms With Non-Citizen Managers

Kelly Loeffler’s Small Business Administration is forcing some small businesses to choose between valued immigrant employees and access to funding. (Photo by Kevin Dietsch/Getty Images) Getty Images The Small Business Administration (SBA) put new rules into effect on June 1 for getting government-backed small business loans. But one part of the new rules has gone

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Loans

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk endorsed new loan verification measures implemented by the Small Business Administration, highlighting concerns about fraudulent applications using stolen Social Security numbers. What Happened: “No more loans to babies or people too old

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Loans

What happens to student loans if Trump abolishes Education Department?

Mixed reactions to Trump’s order to dismantle Education Department Residents in Columbia, Missouri, and New York City reacted to President Donald Trump’s executive order aimed at dissolving the Education Department. WASHINGTON — President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was “45 years in

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Loans

What happens to student loans, FAFSA after deep Education Dept. cuts?

We’ve set out to answer other questions you might have about the deep Education Department cuts and what they might mean for your student loans, your child’s IEP and campus programs. Education Department employees received termination notices An email sent to employees at the Education Department told staff not to come into work on Wednesday.

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Loans

Government shutdown and services that would be reduced or closed

Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the

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