Kelly Loeffler took office as Administrator of the Small Business Administration on February 19, 2025, bringing a focus on manufacturing and economic expansion to the role. Under her leadership, the SBA has launched several initiatives designed to strengthen America's industrial base and support small business growth.

One of the most significant recent developments involves the Made in America Manufacturing Finance Act, which the House of Representatives unanimously passed. This legislation doubles the SBA's loan limit from five million dollars to ten million dollars for domestic manufacturers. The bill specifically targets companies with production facilities entirely located in the United States, meaning businesses relying on any international production for their supply chain would not qualify for these increased limits. The expansion applies to both 7(a) and 504 loan programs, which are traditional SBA lending vehicles.

Loeffler has framed this effort as part of a broader Made in America Manufacturing Initiative aimed at rebuilding the nation's industrial dominance. As part of this comprehensive approach, the SBA created an onshoring portal that connects manufacturers with domestic producers. The agency also announced it would waive most upfront fees for manufacturers in fiscal year 2026 and launched the SBA's first loan program specifically tailored for the manufacturing industry.

Beyond the loan expansion, the SBA has committed to cutting one hundred billion dollars in red tape and promoting workforce development. These commitments align with administration efforts to reduce regulatory burdens on small businesses. The SBA also signed a Memorandum of Understanding with the Department of Labor to support domestic manufacturing and workforce pathways.

According to statements from the SBA leadership, these manufacturers represent the backbone of America's industrial base, and their success fuels the nation. The initiatives represent a coordinated national effort to strengthen the manufacturing ecosystem by expanding access to capital, reducing administrative burdens, and improving workforce development.

The House also passed several other small business bills this week alongside the manufacturing finance legislation, including measures to strengthen oversight and cut costly red tape. These actions demonstrate a sustained focus on empowering small business owners and strengthening the manufacturing sector as a critical component of the U.S. economy.

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