SBA shuts out non-US citizens from its main lending program

Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green ...

1,000 Firms Out, 65 In: What’s Happening To The 8(a) Program?

Program is shrinking as compliance rules reshape who can access federal contracts, raising questions about opportunity and ...
Federal News Network

8(a) program pushed further to the edge by DoD audit

Experts say claims of widespread fraud of the 8(a) program are unfounded and the ongoing audits run counter to the goal of expanding the industrial base.
The Business Journals

SBA rolls out new grant program focused on American manufacturing

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Organizations have only a few ...
American Banker

SBA re-tightens its eligibility rules, hitting noncitizens

The latest directive, which takes effect in March, allows only U.S. citizens and nationals to seek government-guaranteed ...
Hosted on MSN

SBA revokes contracting authority to small-business program. Here's what it means.

The Small Business Administration has rescinded part of the contracting authority of the U.S. Agency for International Development, taking the step just a day after putting federal contracting ...

SBA issues wave of suspensions to companies in contracting program

The suspended firms collectively have received more than $5 billion in contracted work over the last four years, according to ...
The Manila Times

SBA Issues Clarifying Guidance That Race-Based Discrimination is Not Tolerated in the 8(a) Program

Action is Latest in Year-Long Effort to Dismantle DEI Discrimination, Expose Fraud, and Restore Fairness in Federal ...
JD Supra

Client Alert: SBA 8(a) Program Under Unprecedented and Widespread Scrutiny: Critical Guidance for Tribally-Owned 8(a) Entities

The Small Business Administration’s (SBA) 8(a) Business Development Program, aimed to help socially and economically disadvantaged small business owners access federal contracting opportunities, has ...
American Banker

SBA targets community loan program expanded under Biden

Sen. Katie Britt, R-Ala., left, and Kelly Loeffler during the Jan. 29 Senate hearing on Loeffler's nomination to lead the Small Business Administration. The Small Business Administration is freezing a ...