Financing: The SBA provides loans, grants, and other funding programs. The SBA also guarantees loans to eligible businesses. Education and training: The SBA offers educational pro

Kelly Loeffler, President Trump's pick to lead the Small Business Administration, outlined her plans for the agency during her nomination hearing on Capitol Hill this week.

Here’s where things stand with funding for SBA loans, federal contracts, and other programs. This has already been a confusing week for any business that receives loans or funding from the federal government.

Join us Jan. 27 for our Industry Exchange Cyber 2025 event where industry leaders will share the latest cybersecurity strategies and technologies.

The world’s richest man, Elon Musk, is overseeing a new Department of Government Efficiency. Billionaires or mega-millionaires are lined up to run the treasury, commerce, interior and education departments, NASA and the Small Business Administration, and fill key foreign posts.

The temporary moratorium on some federal financial assistance programs was set to take effect Tuesday, setting off widespread confusion.

The White House also announced that Trump signed an executive order aimed at “ending radical indoctrination in K-12 schooling.”

The spending freeze on federal assistance could affect everything from aid to nonprofits, universities, small business loans and state and local government grants.

Senator Tim Kaine, Democrat of Virginia, quickly condemned the Trump administration’s offer to roughly 2 million federal employees to resign in exchange for pay, saying in a Senate floor speech that the deal was a trick, that the president didn’t have the authority to make the offer and employees who resign may not be paid.

Robert F. Kennedy Jr., Tulsi Gabbard and Kash Patel are expected to be grilled by senators during their confirmation hearings.

The US government has many ways to funnel financial support to businesses, both large and small, helping them to do research and development, expand operations, hire and pay staff, and compete in the global market place.