The Trump administration’s Small Business Administration (SBA) is proud to have spent 2025 delivering billions of dollars to American entrepreneurs and investigating waste and fraud in government contracts across the country, the department head told the Washington Reporter.
“The Trump SBA delivered record capital of over $100 billion to America’s entrepreneurs, builders, and innovators, which now total a record 36 million under President Trump,” SBA Administrator Kelly Loeffler said.
“The SBA cracked down on billions in waste and fraud, including federal contracting abuse and reckless spending, while cutting $100 million in regulations,” Loeffler added. “We’re proud to return the SBA to its founding mission of advancing American small businesses and economic growth through access to capital, deregulation, and job creation.”
After Loeffler was confirmed, she quickly shifted the SBA’s priorities away from the Biden administration’s, requiring all SBA employees to return to full-time work in person, all while “reduc[ing] the agency’s workforce by about 50 percent, ending the expansive social policy agenda of the prior administration, eliminating non-essential roles, and returning to pre-pandemic staffing levels.”
Loeffler’s work has been noticed by Trump’s allies in Congress, who told the Reporter that her work is a much-needed change. “Last year, the Small Business Administration took meaningful steps to return the agency to its core mission: serving America’s small businesses,” Rep. Roger Williams (R., Texas), the chair of the House Committee on Small Business, said. “Under Administrator Loeffler’s leadership, the SBA delivered real wins for Main Street by restoring accountability, cutting red tape, and expanding access to capital. As we move ahead, I look forward to continuing our work together to advance an America First agenda that keeps small businesses as the driving force of our economy.”
She also downsized the office’s Washington, D.C., presence, moving 30 percent of its workforce to other parts of America. Loeffler also cut almost $200 million in previously-issued contracts that she deemed wasteful.
The SBA has touted the slogan “America is open for business,” and has required government contractors to also return to in-person work, marking a reversal from a Biden-era move.
The SBA also took the Trump agenda — headlined primarily by the One Big, Beautiful Bill (OBBB) — across the country, letting small businesses know that the Trump administration has their backs. Loeffler delivered almost 100,000 small business loans to businesses across the country, for a total of just under $50 billion. Her agency’s Small Business Investment Company (SBIC) program also ended the previous fiscal year with the largest level of investment capital in the program’s history.
She also implemented several of Trump’s executive orders that fall under her purview, including one that ends what the SBA views as the “politicized and unlawful debanking practices of financial institutions who wrongfully denied access to financial services on the basis of political, religious, or ideological beliefs.”
Finally, Loeffler’s SBA has made tackling fraud a priority since she took office. After the Department of Justice (DOJ) uncovered a years-long fraud and bribery scheme totaling $550 million in the 8(a) Business Development Program, the SBA launched a full-scale audit of the program, ordering thousands of contractors to provide documentation as part of the review.
The SBA also helped eliminate almost $100 billion in excessive regulations, launching a Deregulation Strike Force as part of its efforts to eliminate Biden-era regulations. The agency partnered with the Environmental Protection Agency (EPA) in a bid to end diesel exhaust fuel mandates, which is a win for farmers, truckers, and diesel equipment operators across America.
The agency is also looking into reported fraud in Minnesota — it launched an investigation into several of the actors alleged to be part of defrauding taxpayers with COVID-era schemes.
According to the SBA, it also launched an investigation into numerous individual actors, including those indicted as part of the broader pandemic fraud scandal in Minnesota, helped eliminate an estimated $98 billion in red tape and launched a new Deregulation Strike Force to eliminate costly Biden-era regulations and boost affordability, and partnered with EPA to end overreaching diesel exhaust fluid mandates, which plagued truckers, farmers, and diesel equipment operators with burdensome red tape.
“With historic tax cuts for working families and small businesses, 2026 will see even more opportunity for Main Street, anchored by the results of the America First economic agenda,” Loeffler said.