SBA chief to tour Long Island manufacturer
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3 Articles
SBA administrator visiting Elizabeth on Friday
Small Business Administration Administrator Kelly Loeffler will visit the shipping company U.S. Logistics in Elizabeth on Friday as part of the SBA’s ongoing Made in America Manufacturing Roadshow. Loeffler is scheduled to be at the company’s facility at 841 Fairmount Ave. at 10:30 a.m. She will be accompanied by Lisa Shimkat, SBA associate administrator, office of field operations, and Matt Coleman, SBA regional administrator, Atlantic Region. …
SBA Reports Major Increase in Manufacturing Loans Under Trump Administration
The U.S. Small Business Administration (SBA) announced a significant increase in 7(a) loan approvals for small manufacturers during the first 90 days of the Trump Administration. According to data released April 17, the number of loans issued through the SBA’s flagship lending program has risen by 74% compared to the same period during the start of the Biden Administration. Since January 20, 2025, SBA has approved more than 1,120 7(a) loans for …
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