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Small Business Administration

U.S. Small Business Administration
Regional

M&T Bank Leads Philadelphia SBA Lending With $29.6 Million

October 17, 2026October 16, 2026 - by Timothy Alexander

PHILADELPHIA, PA — M&T Bank (NYSE: MTB) ranked first in Small Business Administration 7(a) lending in the Philadelphia district during fiscal 2026, approving 304 loans totaling $29.6 million as the …

M&T Bank Leads Philadelphia SBA Lending With $29.6 Million Read More

US Small Business Administration (SBA) 
National

SBA Awards $7 Million to Expand U.S. Innovation Network

October 11, 2026October 11, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Small Business Administration is awarding more than $7 million to establish nine regional innovation clusters, including a biotechnology initiative serving Pennsylvania and neighboring states, as …

SBA Awards $7 Million to Expand U.S. Innovation Network Read More
US Small Business Administration (SBA) 
National / Veteran Issues

SBA Awards $3.75 Million to Expand Veteran Contracting Training

October 6, 2026October 5, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Small Business Administration has awarded a Maryland-based veterans procurement program $3.75 million over five years to expand nationwide training for veteran-owned businesses seeking federal contracts. …

SBA Awards $3.75 Million to Expand Veteran Contracting Training Read More

businesswoman
National / Women in Business

WBEC-East Wins $930,077 to Expand Pennsylvania Business Support

October 5, 2026October 5, 2026 - by Maryann Pugh

WASHINGTON, D.C. — Women’s Business Enterprise Center East will receive $930,077 to build a statewide support network for women entrepreneurs in Pennsylvania under a new U.S. Small Business Administration initiative …

WBEC-East Wins $930,077 to Expand Pennsylvania Business Support Read More
IRS newsroom
National

IRS Opens Reviews Tied to $100 Billion in COVID Loans

September 28, 2026September 28, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service has opened examinations stemming from discrepancies tied to about $100 billion in pandemic-era small-business loans, expanding federal scrutiny of suspected Paycheck Protection Program …

IRS Opens Reviews Tied to $100 Billion in COVID Loans Read More

Fraud announcement
National

SBA Suspends 24,492 Pennsylvania Borrowers in Fraud Sweep

September 21, 2026September 19, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Small Business Administration suspended 24,492 Pennsylvania borrowers tied to about $1.19 billion in approved Paycheck Protection Program and COVID-19 Economic Injury Disaster Loan funding as …

SBA Suspends 24,492 Pennsylvania Borrowers in Fraud Sweep Read More
US Small Business Administration (SBA) 
National

SBA Fast-Tracks Defense Suppliers Under Revised 8(a) Rules

September 13, 2026September 12, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Small Business Administration is giving defense-critical manufacturers priority in its 8(a) Business Development Program while restoring financial and business reviews for applicants, aligning the federal …

SBA Fast-Tracks Defense Suppliers Under Revised 8(a) Rules Read More

Cardiology
National / Social Issues

SBA Rebrands ICHRAs to Push Health Option for Small Firms

September 7, 2026September 6, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The federal government is rebranding Individual Coverage Health Reimbursement Arrangements as CHOICE Arrangements and stepping up efforts to steer small employers toward the existing model as an …

SBA Rebrands ICHRAs to Push Health Option for Small Firms Read More
Defense Industrial event
National

SBA, War Department Target Capital at Defense Suppliers

August 31, 2026August 30, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Small Business Administration and Department of War are creating a federal commission to expand financing and contracting opportunities for small defense manufacturers, targeting production bottlenecks …

SBA, War Department Target Capital at Defense Suppliers Read More
Energy event
National

SBA, Energy Department Launch Fund Push for U.S. Energy Supply Chain

August 30, 2026August 30, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Small Business Administration and Department of Energy are creating a joint investment initiative aimed at steering private capital toward domestic energy production, nuclear power, critical …

SBA, Energy Department Launch Fund Push for U.S. Energy Supply Chain Read More

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