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John J. Sweeney Jr., former state senator and longtime federal Small Business Administration official, has died at 99
“He modernized Senate procedures, most notably with Senate confirmation hearings for cabinet appointments, and championed other important reforms for the Commonwealth,” Sen. Tim Kearney said.
14 Minnesota counties now eligible for small business loans due to drought
ATLANTA, Ga. (KFGO-KBRF) - The U.S. Small Business Administration is making available low-interest federal dis...
Opinion: SBA opens doors for veteran-owned businesses
November 9–13, the U.S. Small Business Administration will recognize and support veteran and military-connected entrepreneurs through National Veterans Small Business Week. It should be an opportunity to help someone get
Honoring veteran-owned, American-made small businesses [opinion]
Small Business Administration official points to opportunities for people who served to continue to help defending the nation.
SBA Doubles Federal Contracting Goal for Veteran-Owned Small Businesses to 10%
The U.S. Small Business Administration (SBA) has announced new fiscal year 2027 federal contracting goals that increase the agency-level target for veteran-owned small businesses from 5% to 10%. Announced during National Veterans Small Business Week, the new goals apply separately to prime contracting and subcontracting and include both Veteran-Owned Small Businesses (VOSBs) and Service-Disabled Veteran-Owned […]
Watch live: Vance headlines small business event amid GOP post-election turmoil
Vice President Vance is set to headline a Small Business Administration event Monday as the GOP grapples with the fallout from their sweeping midterm losses. The appearance comes days after Vance blamed the GOP’s defeats on the war in Iran, arguing that voter frustration over the conflict and rising costs drove longtime Republican supporters toward…
National Veterans Small Business Week begins with focus on Charleston shops
The U.S. Small Business Administration’s 13th annual National Veterans Small Business Week begins Monday in celebration of Veterans Day.
Navajo Tech, Chippewa win $9.5M to expand manufacturing training
Navajo Technical University and Chippewa Sustainable Solutions Inc. secured $9.5 million in Small Business Administration awards to train manufacturing workers and help small businesses compete for government contracts. The funding will support free in-person courses, workshops and individual advising for manufacturers eligible for the SBA’s 8(a) and HUBZone programs, according to an agency announcement. Training […]
U.S. Small Business Administration official tours downtown Coeur d'Alene stores
Kelly Chambers, a former Washington State representative and current U.S. Small Business Administration official, gave downtown Coeur d’Alene a positive review. “It’s just exciting to see a really vibrant downtown and the business community working together and that they feel supported by their city and the association,” she said.
RiverBank leads Spokane County in SBA lending
Two years after developing its Small Business Administration lending department, RiverBank Holding Co., the parent company of Spokane-based RiverBank, has become the county’s top SBA lender. The increase in SBA lending comes as the community bank establishes a director of fintech position…
SBA Disaster Assistance available for Oregon businesses, private nonprofits
The U.S. Small Business Administration announced the availability of low-interest federal disaster loans for eligible small businesses and private nonprofit organizations in Oregon impacted by drought occurring Aug. 4 and
U.S. Small Business Administration offers disaster loans for drought-impacted Alabama small businesses
Low-interest federal disaster loans are now available to eligible small businesses and private nonprofit organizations impacted by a drought that began April 21
Commentary: Let the feds know large businesses aren't small businesses
The U.S. Small Business Administration is looking to update its guidelines, affecting thousands of struggling small businesses. This proposal should not be allowed to move forward.
Susanville tribal businesses seek emergency court relief, warn of permanent closure
Businesses owned by the Susanville Indian Rancheria asked a federal judge Oct. 30 to lift government contracting suspensions, warning that continued exclusion from federal work could force them to close permanently. ATI Government Solutions and affiliated plaintiffs are seeking a temporary restraining order and preliminary injunction against the Small Business Administration in the U.S. District […]
Small Business Administration issues Disaster Declarations due to wildfire-related events in 14 Colorado Counties - by Susan Roebuck
On October 22, 2026, Governor Jared Polis requested the Small Business Administration (SBA) issue disaster declarations for the Willow Fire, the Elk Fire,
Small Business Administration loan program available to WV residents affected by August flood
West Virginians affected by severe storms and flooding in August still have time to apply for federal assistance through the U.S. Small Business Administration’s Office of Disaster Recovery.
Small Business Administration loan program available to WV residents affected by August flood
West Virginians affected by severe storms and flooding in August still have time to apply for federal assistance through the U.S. Small Business Administration’s Office of Disaster Recovery.
Disaster loans available for small businesses, nonprofits, residents affected by Sept. storms
The U.S. Small Business Administration announced the availability of low-interest federal disaster loans for Indiana small businesses, private nonprofits, and residents affected by severe storms and flooding on Sept. 17.
Small Business Administration Administrator visits Quincy to highlight President Trump’s pro-growth agenda
Administrator Kelly Loeffler said the Small Business Administration is focused on increasing capital access so local manufacturers can combat inflation.
Creators are now classified as small businesses, but what does that actually mean?
The Small Business Administration has officially welcomed creators; we unpack what that means for brands, creators, and the economy at large.
U.S. Small Business Administration Names SBA Lafayette an SBA Preferred Lender
Lafayette Square SBLC, LLC (doing business as SBA Lafayette), today announced being named a Preferred Lender ("PLP") by the U.S. Small Business Administration ("the SBA"). The designation gives SBA Lafayette delegated authority to make SBA 7(a) credit decisions, expediting funding approval. In fiscal year 2025, the SBA backed 77,600 7(a) loans totaling $37 billion, making the program a vital source of capital to American small businesses.
SBA disaster loans available to business, private nonprofits impacted by drought
The U.S. Small Business Administration (SBA) recently announced the availability of low-interest federal disaster loans for eligible Wisconsin small businesses and private nonprofit organizations impacted by drought that began on Tuesday, Aug. 18.
Susanville tribal businesses sue SBA, alleging suspensions cost nearly $130M in contracts
Businesses owned by the Susanville Indian Rancheria sued the Small Business Administration on Oct. 22, accusing the agency of a “brazen abuse of government power” that cost them nearly $130 million in federal contracts and cut off revenue supporting the Northern California tribe. The tribe’s ATI Government Solutions LLC federal contracting business, along with six […]
Tusayan business recovery center to help after Grand Canyon floods
The federal Small Business Administration has opened a temporary center in Tusayan to help streamline economic recovery efforts following destructive flash floods at the Grand Canyon earlier this year.
Small Business Administration Opens Nominations for Small Business Week Awards
The U.S. Small Business Administration (SBA) and the South Carolina District Office opened nominations for its 2027 National Small Business Week Awards, which recognize exceptional small business owners from South Carolina. National...
SBA urges Iowans to nominate their favorite small business for an award
There are all kinds of small businesses in Iowa that we can’t do without, from diners and donut shops to tailors and auto mechanics, and it’s time to recognize those merchants that make our lives better. Ryan Lincoln, the Iowa district director of the U.S. Small Business Administration, says the agency is taking nominations for […]
Federal Economic Injury Disaster Loans available to businesses impacted by Grand Canyon flash flood
Coconino County received a Declaration of Economic Injury from the Small Business Administration (SBA) which opens the Economic Injury Disaster Loan (EIDL) program to businesses impacted by the Grand
Small Business Administration loans approved for Aspen Acres Fire
The U.S. Small Business Administration has approved Colorado's request for disaster assistance loans following the Aspen Acres Fire in Pueblo and Custer Counties, Gov. Jared Polis announced Friday.
New SBA lending rules create hurdles for aspiring business owners
Some worry the updated rules to the Small Business Administration's 7(a) loan program would make it harder for some would-be buyers to obtain financing, putting business acquisitions further out of reach.
SBA Opens 2027 Small Business Awards Nominations » CBIA
The U.S. Small Business Administration is accepting nominations for its 2027 National Small Business Week Awards through December 7.
Business recovery center opens after fire
The city says the federal small business administration has approved low-interest disaster loans for businesses impacted by the fire
Small Business Administration offering loans to small businesses and nonprofits impacted by the Aspen Acres Fire
The Small Business Administration will be offering low-interest loans to those impacted by the Aspen Acres fire this summer.
Fletcher Technical Community College in Schriever to receive grant from Small Business Administration
The shipbuilding industry in Louisiana just got a shot in the arm with the Small Business Administration grant...
Buying a business with an SBA loan is more complicated. Here’s what to know.
The U.S. Small Business Administration has implemented a host of new rules impacting borrowers seeking SBA capital to finance a business acquisition or change in control.
A new defense tech initiative will serve Baton Rouge startups, small businesses
Baton Rouge has been included in a new federally backed defense technology initiative aimed at helping Louisiana startups and small businesses compete for military and commercial work. The U.S. Small Business Administration this week awarded $1 million to Precision Platform Solutions, the legal entity behind Monroe-based Maven Scouts, to launch the Gulf South Defense Tech […]
Small Business Administration head visits Howell defense contractor
The administrator for the U.S. Small Business Administration, Kelly Loeffler, was in Livingston County Tuesday to check out a government contractor. As Russ McNamara reports, the stop was well-received.
Idaho drought-hit businesses offered low-interest disaster loans
The U.S. Small Business Administration announced low-interest federal disaster loans for eligible small businesses and private nonprofit organizations in Idaho
Small Business Administration Update on New Rules for Small Business Size Standards - Law Offices of Snell & Wilmer
By Brett W. Johnson, Carrie Schaffer, and Hannah Wolf1 Recently, the U.S. Small Business Administration (SBA) provided notice of a proposed rule, Small Business Size Standards, that would fundamentally restructure how the federal government defines a “small business.” The rule proposes new size standards for 338 industry groups and industries.2 On that same day, the […]
Small Business Office Asks EPA Not to Examine Styrene’s Risks
The Small Business Administration asked the EPA to drop styrene from its list of chemicals the agency could evaluate for possible regulation.
Ranking Member Markey: SBA Administrator Loeffler, Trump Administration are Refusing to Answer to America’s 36+ Million Small Businesses and Workers, Leaving Main Street Behind
Loeffler canceled her scheduled Sept. 30 appearance before the Senate Small Business Committee, has not appeared before SBC in more than a year (Washington, September 28) – Ranking Member Edward J. Markey (D-Mass.) today released the following statement after Small Business Administration (SBA) Administrator Kelly Loeffler canceled her scheduled Wednesday appearance before the Small Business and Entrepreneurship Committee. Administrator Loeffler has not appeared before the committee in more than a year and has consistently refused to provide substantial answers to committee members in person, in writing, or via requested briefings. In June, Ranking Member Markey led every Democratic member of the committee in calling on Administrator Loeffler to appear before the committee to answer for the Trump administration’s cruel attacks on American small businesses, entrepreneurs, and workers. The Democratic lawmakers still have not received a response from Administrator Loeffler. “It is unacceptable that Administrator Loeffler chose to cancel her appearance before the Senate Small Business and Entrepreneurship Committee. The Trump administration is once again ignoring the more than 36 million American small businesses, entrepreneurs, and workers who drive our economy and enrich our communities by refusing to answer questions about this administration’s reckless economic policies. It has been more than a year since Administrator Loeffler has appeared before our committee and answered questions from both Democrats and Republicans. Since then, the Trump administration’s attacks on Main Street have only worsened. “Small businesses are facing record high gas and diesel prices, skyrocketing healthcare costs, and never-ending uncertainty from Trump’s trade war with the world. Trump has terrorized Main Streets across the country with violent ICE raids, destroying families, communities, and local economies. Meanwhile, Administrator Loeffler and the Trump SBA have been in a Witness Protection Program, ignoring the Pain on Main Street that they have created. They have chosen to make drastic cuts to SBA funding and essential, bipartisan programs, including the closure of the SBA office in Springfield and removal of the SBA office from Boston; directly attacked immigrant small business owners and destroyed the promise of the American Dream; and proposed shortsighted small business size rules that would benefit billion-dollar businesses over actual small businesses. “It’s clear that Administrator Loeffler, President Trump, and their CEO billionaire buddies want to turn the Small Business Administration into the Big Business Administration, tear down our economy, and abandon Main Street. If that is indeed this administration’s goal, Administrator Loeffler must answer to the millions of small businesses, workers, and families in Massachusetts and across the country that this administration is leaving behind.” ###
SBA offers disaster loans to Maryland businesses impacted by Empire Towers incident
BALTIMORE (WBFF) — The U.S. Small Business Administration announced low-interest federal disaster loans for Maryland small businesses and private nonprofit orga
Maryland businesses impacted by drought can apply for federal disaster loans
The U.S. Small Business Administration (SBA) is offering federal disaster loans to eligible Maryland businesses and private nonprofit organizations that have been impacted by drought.
SBA Loan Defaults Surged at 2 Nonbank Lenders. $1.3 Billion Entered Liquidation
The Small Business Administration stopped non-bank lender exams just one week before lifting a nearly 40-year moratorium on admitting more of them into the program.
South Carolina Research Authority Receives Grant From SBA
The U.S. Small Business Administration (SBA) announced that it awarded more than $8 million in grants to 50 organizations, including the South Carolina Research Authority, through the Federal and State Technology (FAST) Partnership...
Small business lending is alive and well, SBA administrator says
Small Business Administration administrator Kelly Loeffler discusses concerns over artificial intelligence on 'The Bottom Line.'
Trump SBA to Extend Comment Period After Ranking Member Markey Leads Effort to Rescind SBA Policy that Reclassifies Billion-Dollar Businesses as “Small Businesses”
Trump admin policy would reclassify 114,000 larger businesses as “small” to access small business resources and win federal contracts meant for small businesses Letter (PDF) (Washington, September 23) – This week, the Small Business Administration (SBA) announced its plans to extend the deadline to submit comments on its controversial proposed rule regarding small business size standards until November 20. The Trump SBA’s announcement came shortly after Ranking Member Edward J. Markey (D-Mass.), alongside 12 of his Senate colleagues, sent a letter to Administrator Kelly Loeffler demanding that the Trump SBA rescind a harmful policy that would dramatically redefine what a small business is. The Administration’s proposed policy would change the small business size standard to designate 114,000 larger companies some with annual revenue above $1 billion—as small businesses, giving these businesses access to small business resources and federal contracts typically set aside for actual small businesses. In the letter, Ranking Member Markey and the lawmakers emphasized that small businesses will be shut out of the federal contracting space as government agencies award contracts to larger businesses, causing small businesses to lose revenue, lay off workers, or close their businesses entirely. “For more than 70 years, SBA’s mission has been clear: promote and protect the interests and viability of small businesses. By proceeding with this proposed methodology and rule, SBA moves further away from its mission of facilitating healthy small business participation in the U.S. economy. We urge SBA to rescind these proposals, meet in earnest with small businesses across the country, and discuss the proposal and methodology with congressional committees of jurisdiction. SBA must be committed to developing measured increases to the size standards that do not reward large, billion-dollar companies but instead helps our small businesses survive, grow, and thrive.” The lawmakers highlighted the following points in their letter: Under the Trump SBA’s new size standards, the highest receipts-based standard would exceed $1 billion in annual revenue—more than 20 times the current $47 million maximum—and the highest employee-based standard would reach 3,600 employees—more than twice the current 1,500 employee maximum. Specific increases include an increase in size of nearly 492% for banks, 1,500% for law firms, and more than 2,051% for private equity firms. Of the 114,000 businesses that would be newly classified as small, more than 37,000 of these businesses have collectively won more than 100,000 federal contracts worth approximately $71 billion in Fiscal Year 2025 alone without a small business designation. If SBA included the awards won by these 37,000 businesses in its Fiscal Year 2025 analysis, small business contracts would have accounted for 38% of all federal contracts, instead of the 27% that SBA announced this summer. The letter was co-signed by Senators Mazie Hirono (D-Hawaii), Angela Alsobrooks (D-Md.), Richard Blumenthal (D-Conn.), Christopher Coons (D-Dela.), Elissa Slotkin (D-Mich.), Chris Van Hollen (D-Md.), Jacky Rosen (D-Nev.), Elizabeth Warren (D-Mass.), Tim Kaine (D-Va.), Brian Schatz (D-Hawaii), Mark Warner (D-Va.), and Ruben Gallego (D-Ariz.). Ranking Member Markey is fighting to protect small businesses in Massachusetts and across the country from the Trump SBA’s harmful policies that put big businesses and billionaires over American small businesses, workers, and families. In August, Ranking Member Markey slammed the Trump SBA’s proposal to overhaul its small business size standards to benefit big businesses over small businesses. In July, Ranking Member Markey and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses. Also in July, Ranking Member Markey and Senator Hirono submitted a comment letter to the Small Business Administration (SBA) opposing a proposed rule change by Trump’s SBA to the 8(a) Business Development Program that would harm underserved small business owners and entrepreneurs. In June, Ranking Member Markey released a new report highlighting Trump’s drastic reduction in federal contracting dollars awarded to American small businesses. ###
Small Business Administration announces approval of disaster loans for those impacted by Empire Towers
Governor Wes Moore announced Tuesday that the Small Business Administration has approved his request for a Small Business Administrative Declaration to provide Economic Injury Disaster Loans.
SBA offering low-interest loans for businesses impacted by drought
UMATILLA COUNTY — The U.S. Small Business Administration (SBA) is offering disaster assistance for businesses in Oregon, Washington and Idaho that were impacted by drought this year. The SBA announced […]
Governor Moore Requests Administrative Declaration from U.S. Small Business Administration for Anne Arundel County
Governor Moore Requests Administrative Declaration from U.S. Small Business Administration for Anne Arundel County
Governor Moore Requests Administrative Declaration from U.S. Small Business Administration for Anne Arundel County
Governor Moore Requests Administrative Declaration from U.S. Small Business Administration for Anne Arundel County
Ranking Members Markey, Velázquez, American Small Businesses Fight Back Against Trump SBA’s Discriminatory Anti-Immigrant Lending Policies
More than 120 small businesses and organizations pen letter of support for Ranking Member Markey’s resolution striking down Trump’s ban on awarding SBA loans to green card holders Letter (PDF) (Washington, September 15) – Ranking Member Edward J. Markey (D-Mass.) today garnered additional support from Main Street small businesses for his Congressional Review Act (CRA) resolution to rescind the Trump administration’s discriminatory policy that bans green card holders from accessing essential Small Business Administration (SBA) loans. In a letter of support, more than 120 American small businesses and community organizations, led by Small Business Majority, applauded Ranking Member Markey’s efforts to overturn the Trump administration’s anti-immigrant lending ban and advocated for the passage of Ranking Member Markey’s CRA resolution in the Senate. House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) is leading the resolution in the House of Representatives. The Trump administration’s green card holder ban is the most recent escalation of SBA’s draconian citizenship restrictions that are killing jobs and putting the American Dream further out of reach for entrepreneurs. In Fiscal Year 2025, Trump’s SBA made an estimated $5.5 billion in loans to green card holders, which supported more than 80,000 jobs nationwide. “The Trump administration’s continued attacks on American small businesses and jobs are anti-American, they’re discriminatory, and they’re dragging down our communities and our economy. Thanks to partners like Small Business Majority, countless small businesses, and community organizations, we are fighting back and holding them accountable,” said Ranking Member Markey. “I will not stop fighting to rescind this hateful policy that attacks American entrepreneurs and prevents them from pursuing the American Dream.” “Small businesses and organizations across the country are sending a clear message that the Trump administration's discriminatory lending rules are bad for business,” said Ranking Member Velázquez. “I want to thank Small Business Majority for leading this effort and amplifying the voices of the entrepreneurs who create jobs and strengthen our local economies. As Ranking Member of the House Small Business Committee, I will keep pushing to stop these attacks on the American Dream and ensure that every eligible entrepreneur can access the capital they need to succeed.” In the letter, the small businesses write, “Congress must reaffirm its commitment to serving those who are rightfully and legally entitled to accessing key government guaranteed loan programs in pursuit of the American Dream. Restoring access to responsible, government-guaranteed loans for such a critical segment of our economy will allow thousands of small businesses to access the capital they require to grow and invest in American communities. If Congress does not act to protect access to the very ideals that our country was founded upon by rewarding those who adhere strictly to legal immigration pathways, local economies, communities and Main Street will pay the price.” Ranking Member Markey’s CRA resolution follows his introduction of the Investing in the American Dream Act alongside Ranking Member Velázquez earlier this year. The Investing in the American Dream Act would roll back the SBA’s draconian lending restrictions and restore previous SBA lending policies for immigrant entrepreneurs lawfully in the U.S., including green card holders, refugees, and asylees. More than 100 organizations have called for the passage of the legislation and more than 60 Massachusetts state legislators have raised concerns about the impact of the citizenship restrictions in their local communities. Ranking Member Markey is fighting for small business owners and immigrants that rely on SBA loans to start and run their businesses, create jobs, and contribute to their communities. In July, Ranking Member Markey and Ranking Member Velázquez introduced a bicameral resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential SBA loans to start and grow their businesses and invest in Main Streets nationwide. In May, Ranking Member Markey highlighted the significant contributions of immigrant entrepreneurs in Massachusetts and across the country and condemned the Trump administration’s repeated attacks on immigrant communities at a Small Business Committee hearing. MIRA’s Elizabeth Sweet, who participated in Ranking Member Markey’s listening session earlier in May, provided testimony at the hearing. Also in May, Ranking Member Markey hosted a listening session at the Urban College of Boston to hear directly from several Massachusetts immigrant small business owners, lenders, and chambers of commerce how President Trump’s cruel and callous anti-immigrant policies are hurting Main Streets in the Bay State. Earlier in May, Ranking Member Markey hosted a press conference alongside Ranking Member Velázquez, Democratic lawmakers, and stakeholders to condemn the Trump administration’s harmful anti-immigrant lending policies and to introduce the Investing in the American Dream Act. In March, Ranking Member Markey released a comprehensive report detailing the harms to small business owners, workers, and consumers caused by the Trump administration’s ICE raids in communities across the country. In February, Ranking Member Markey introduced the Small Business ICE Disruption Fund Act, which would provide grants to small businesses that have been impacted by the Trump administration’s violent immigration enforcement actions on Main Streets across the United States. Earlier in February, Ranking Member Markey, Ranking Member Velázquez, Congressional Black Caucus Chair Yvette Clarke (D-N.Y.), Congressional Hispanic Caucus Chair Adriano Espaillat (D-N.Y.), and Congressional Asian Pacific American Caucus Chair Grace Meng (D-N.Y.) sent a letter urging the SBA to rescind their lending rule change that bars legal permanent residents from receiving SBA loans. Previously, Ranking Members Markey and Velázquez released a statement condemning the actions of the SBA after it announced that small businesses with legal permanent residents will be barred from receiving SBA loans. In December 2025, Ranking Member Markey and all Democratic members of the Senate Small Business Committee sent a letter to the SBA reiterating concerns with the SBA’s citizenship requirements and highlighting a drop in SBA lending volume. In September 2025, Ranking Member Markey heard directly from SBA lenders about the issues with the citizenship verification requirements. In July 2025, Ranking Members Markey and Velázquez sent a letter to the SBA expressing serious concerns with the agency’s new, draconian citizenship verification requirements that require small businesses seeking SBA loans to be 100% owned by U.S. citizens, nationals, and legal permanent residents. ###
SBA approves 31 Iowa small business loans in August
Three businesses across the Quad Cities region are among 31 Iowa small businesses approved for loans last month by the U.S. Small Business Administration (SBA). In its monthly report, the SBA announced it backed 31 loans totaling $21,807,400 in August from participating lenders using its two largest lending programs. The QC area businesses and loan […]
Federal Disaster Assistance Approved for August Storms
Governor Greg Abbott announced that the U.S. Small Business Administration (SBA) approved his request to include South-Central Texas communities, including Bexar County, in the federal disaster declaration for severe weather following storms that impacted the region in August.
Sustainability Spotlight: The competitive edge
Small businesses drive New Hampshire’s economy, accounting for roughly 97% of all state enterprises and generating the majority of its jobs, according to the U.S. Small Business Administration.
Trump administration begins fraud crackdown on COVID-era small-business loans
Starting Tuesday, the Small Business Administration inspector general will send demand letters to those suspected of defrauding the SBA
Trump administration begins fraud crackdown on COVID-era small-business loans
Starting Tuesday, the Small Business Administration inspector general will send demand letters to those suspected of defrauding the SBA
SBA Offers Disaster Relief to Indiana Businesses, Private Nonprofits, and Residents Affected by Adverse Weather
Press release, U.S. Small Business Administration: Low-interest disaster loans now available WASHINGTON — In response to a Presidential disaster declaration issued Aug. 25, the U.S. Small Business Administration announced the availability of low interest disaster loans for Indiana businesses, private nonprofit organizations, and residents affected by severe storms, straight-line winds, tornadoes, and flooding beginning Aug. 11. The declaration covers Indiana primary counties of Carroll, Dearborn, Decatur, Delaware, Fayette, Franklin, Hamilton, Hancock, Henry, LaPorte, Lake, Madison, Marion, Morgan, Porter, Pulaski, Randolph, Rush, Tipton, Union, and Wayne, which are eligible for both physical damage loans and Economic Injury Disaster Loans from SBA. Small businesses and most private nonprofit organizations in the following adjacent
Homeowners and businesses can now apply for disaster loans for Bug and Hawk fire losses
This comes after the Small Business Administration declared a disaster for Nevada yesterday.
The Small Business Administration offers advice to businesses hurt by flooding - WHIZ - Fox 5 / Marquee Broadcasting
ZANESVILLE, Ohio – The Small Business Administration, or SBA, held an information session for Perry and Muskingum County businesses affected by the August storms and flooding. Around 50 business owners came to EagleSticks Golf Club in Zanesville on Friday morning to learn about how the SBA can help their business recover from recent natural disasters. The Ohio director of the...
Kelly Loeffler on small business optimism rising, credit card swipe fees
U.S. Small Business Administration Administrator Kelly Loeffler joins Cheryl Casone to discuss the July NFIB small business optimism index rise, credit card swipe fees and the SBA Million Dollar Pitch Competition.
Small Business Administration to provide relief in Randolph, Saline County following severe weather
Low-interest federal disaster loans will be available to those affected by severe weather in Randolph and Saline Counties last spring.
How SBGA Helps Small Businesses Build Operations That Keep Up With Growth
. According to the U.S. Small Business Administration, small businesses account for the vast majority of American companies and employ nearly half the private-sector workforce.
US Small Business Administration to offer low-interest loans to Indiana homeowners, entrepreneurs impacted by flooding
INDIANAPOLIS — The U.S. Small Business Administration is planning to offer low-interest loans to Indiana homeowners and entrepreneurs who were impacted by flooding earlier this month. Hoosiers in t…
Federal Rule Change Denies Immigrant Businesses Access to Guaranteed Loans
Businesses owned by immigrants, including green card holders, have been deemed ineligible for federal Small Business Administration loan support. Commercial corridors across the country are already feeling the effects of this ill-conceived policy change.
Here Comes the Not-So-Very-Small Business Administration
I don’t make jokes—I just watch the government and report the facts. - Will Rogers The Small Business Administration (SBA) would like to change the definition of a small business. The summary of its proposal in the Federal Register is matter-of-fact in tone: The U.S. Small Business Administration (SBA or the Agency) is proposing new size standards for […]
200,000 Veterans Leave the Military Each Year. The Government Wants to Help Those Starting Small Businesses
Bill Briggs, deputy administrator of the U.S. Small Business Administration, boosted programs like Micro Lender to give veterans a leg up.
Disaster loans available for businesses impacted by Spring freeze
HARRISBURG, Pa. (WHTM) — Business and nonprofits impacted by the Spring freeze earlier this year can now apply for federal disaster loans. The Small Business Administration announced this week that bu...
SBA Rule Change Makes 110,000 More Businesses Eligible For Benefits
The policy switch could be a major boon for small businesses hoping to compete against the likes of Boeing and Raytheon, says the U.S. Small Business Administration.
Small businesses affected by Boyle Heights warehouse disaster can apply for federal assistance
The U.S. Small Business Administration approved California's request for a disaster declaration, making loans available to eligible small businesses, private nonprofit organizations, including faith-based organizations, that experienced financial losses directly related to the fire.
U.S. Small Business Administration offering disaster assistance to Lincoln County victims of May 6 tornado
Homeowners, renters, non-profits, and businesses of all sizes may still need assistance, and the U.S. Small Business Administration is here to help.
Agency offering disaster loans to businesses
The U.S. Small Business Administration has announced the availability of low-interest federal disaster loans for eligible small businesses and private nonprofit organizations impacted by ongoing drought in areas of the
U.S. Small Business Administration offering up to millions in loans for summer storm damage
Homeowners, business owners, and nonprofit leaders who have been impacted by the summer’s severe storms and tornadoes are eligible for up to millions of dollars in loans to fix up their damaged properties.
Small Business Administration state director visits GJ to learn about local biz needs
During her stay in Grand Junction this week, Frances Padilla met a hotel worker who also happened to own a small business, with her hotel work as a second job.
DOJ’s Recent Small Business Administration FCA Settlement Highlights Risks for Contractors
A recent $21.3 million False Claims Act (FCA) settlement with an electrical contractor and its subsidiary highlights the U.S. Department of Justice’s (DOJ) focus on U.S. Small Business Administration (SBA) set-aside programs and scrutiny of whether companies improperly represent themselves as qualifying small businesses or—importantly for larger businesses—improperly represent their use of qualifying small businesses to secure federal contracts.
Small Business: Planning for the Future, Your Way
Voice of Business Blog Guest post from Greater Rochester Chamber member Bank of America As entrepreneurs and small businesses here in Rochester prepare for Q3 and Q4, many are navigating uncertainty. These small businesses – from new ventures to established family-run enterprises – are essential to Rochester’s success. According to a 2025 U.S. Small Business Administration report, Rochester…
The Small Business Administration is offering new grants and up to $10 million in financing
The SBA is providing more financial resources, particularly grants, guarantees, and loans for a variety of business uses.
Ranking Members Markey, Velázquez Push to Roll Back Trump Administration’s Discriminatory SBA Lending Policy that Blocks Immigrant Entrepreneurs from Pursuing the American Dream
Bicameral resolution would rescind Trump administration policy banning green card holders from accessing SBA loans Resolution Text (PDF) | One-Pager (PDF) (Washington, July 23) – Ranking Member Edward J. Markey (D-Mass.) and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) today introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses and invest in Main Streets nationwide. Trump’s SBA restrictions buck decades of precedent, attacking immigrant small business owners who are lawfully in the U.S. with no justification. The Trump administration’s green card holder ban is the most recent escalation of SBA’s draconian citizenship restrictions that are killing jobs and putting the American Dream further out of reach for entrepreneurs. In Fiscal Year 2025, the SBA made an estimated $5.7 billion in loans to green card holders, which supported more than 80,000 American jobs. Ranking Member Markey’s introduction of the CRA resolution follows his introduction of the Investing in the American Dream Act alongside Ranking Member Velázquez earlier this year. The Investing in the American Dream Act would roll back the SBA’s draconian lending restrictions and restore previous SBA lending policies for immigrant entrepreneurs lawfully in the U.S., including green card holders, refugees, and asylees. More than 100 organizations have called for the passage of the legislation and over 60 Massachusetts state legislators have raised concerns about the impact of the citizenship restrictions in their local communities. “Once again, Donald Trump is shutting hardworking immigrants out of the American Dream with his discriminatory and dangerous policies, fear tactics, and violent rhetoric. The anti-small business lending requirements implemented by Trump’s SBA won’t Make America Great Again—they are Making America Hate Again,” said Ranking Member Markey. “I am fighting every single day to roll back Trump’s brazen attempt to steal the American Dream from entrepreneurs in Massachusetts and across the country who enrich our communities, strengthen our Main Streets, and create jobs in the United States.” “Starting and owning your own business is one of the pillars of the American Dream. Under the Trump Administration, the SBA has sought to deny immigrant small business owners and entrepreneurs that dream by preventing them from accessing the capital they need to grow and scale their businesses. Not only is this policy cruel, but it is also self-defeating and holds our country back economically. As Ranking Member of the House Small Business Committee, I will do everything in my power to reverse this terrible policy,” said Ranking Member Velázquez. Massachusetts state legislators applauded Ranking Member Markey’s actions and emphasized the critical contributions of green card holders to Bay State communities and the Commonwealth’s economy. "Green card holders are our neighbors, workers, entrepreneurs, and taxpayers,” said Massachusetts State Senator Adam Gómez (D-Springfield), Senate Chair of the Joint Committee on Community Development and Small Businesses. “They open restaurants, launch small businesses, create jobs, and contribute every day to the economic strength of Massachusetts. Denying lawful permanent residents access to SBA loan programs doesn't make our economy stronger—it makes it harder for small businesses to succeed. I support this resolution because opportunity should never be limited by unnecessary barriers that prevent hardworking people from investing in their communities and pursuing the American dream." “Senator Markey’s CRA Resolution provides a valuable moment for our federal leaders to show their commitment to small businesses and the American Dream,” said Massachusetts State Representative Andy X. Vargas (D-Haverhill), House Chair of the Joint Committee on Community Development and Small Businesses. “The SBA’s recent policy restricting lawful residents from accessing the popular 7(a) and 504 programs has shut out some of the most entrepreneurial and hard-working members of our community from much-need capital. In Massachusetts, these programs have invested millions of dollars into small businesses owned by green card holders, supporting thousands of jobs. This should not be a partisan issue. People who worked hard, have legal status, and contribute so much to their communities via employment and economic impact don’t deserve to be in the crosshairs for political purposes. The Senator’s resolution is a step forward in restoring access to the American Dream that small business owners across the country deserve.” Several small business advocates and stakeholders voiced their support for Ranking Member Markey’s efforts to roll back Trump SBA’s discriminatory lending rules. “Immigrant-owned businesses are the foundation of the American economy. They power our neighborhoods, provide essential services, and employ our loved ones. Yet, systemic hurdles like the Small Business Administration’s citizenship restrictions unfairly block their path to prosperity," said Elizabeth Sweet, Executive Director of the Massachusetts Immigrant and Refugee Advocacy (MIRA) Coalition. "We applaud Senator Markey’s continued leadership and look forward to a future where immigrant entrepreneurs can share their ingenuity without arbitrary restrictions that hold us all back.” “Independent restaurants have always been built by people willing to work hard, take risks, and invest in their communities. When lawfully authorized entrepreneurs lose access to the financing they need to start or grow a business, we all lose. These are the businesses creating jobs, filling storefronts, and strengthening our neighborhoods. Access to capital should help good businesses succeed, and that’s exactly what restoring these SBA loan programs would do,” said Jen Ziskin, Executive Director of Massachusetts Restaurants United. “At the Latino Economic Development Corporation, we see firsthand that access to capital transforms lives, creates jobs, and strengthens neighborhoods. Many of the entrepreneurs we serve are lawful permanent residents who have invested their savings, opened businesses, and employ local residents. Restricting access to SBA financing doesn’t just impact business owners, it limits economic opportunity for entire communities. Main Street succeeds when every qualified entrepreneur has a fair chance to grow,” said Andrew Melendez, CEO and Founder of the Latino Economic Development Corporation. "Immigrants and immigrant-owned businesses are the heart and soul of small business communities in cities and towns throughout the Commonwealth, and across America. Limiting access to these SBA loans not only sends the wrong message about immigration, it will have significant negative economic impact on our small business ecosystem,” said Keith Mahoney, Vice President of Public Affairs at the Boston Foundation. “The SBA’s recent policy changes that prevent Legal Permanent Residents, and other non-citizens from participating in any of the SBA’s valuable programs are changes that are unwelcome, immoral, and antithetical to our purpose, our mission, and our vision for Massachusetts communities and businesses. Immigrant entrepreneurs and others have expressed concern that Common Capital will ‘report them to ICE,’ so loan demand has decreased. There is no valid reason for excluding Legal Permanent Residents and other noncitizens who are lawfully present in the U.S. from accessing the SBA’s programs. Immigrant entrepreneurs start businesses, they create jobs, they support their families and their communities. Our government should be in the business of encouraging their full participation in our economy,” said Raymond Lanza-Weil, President of Common Capital. "ECCHO-Latino now represents over 400 educators and 300 microbusinesses across Massachusetts, where immigrants make up 60% of the childcare workforce. When a green card holder is ready to grow her business—from expanding her home child care to opening a center—she shouldn't be turned away by local banks simply because of federal citizenship rules. Blocking access to SBA loans kills opportunity and deepens our state's childcare crisis. ECCHO-Latino strongly supports Senator Markey and Representative Velázquez in passing this resolution to put Main Street first," said Harold Antonio Blanco, Co-Founder & Executive Director of ECCHO-Latino Inc. "This is exactly how political ideology ruins an economy. Washington has taken lawful, tax-paying entrepreneurs who live in our communities, invest in America, and hire American workers, and declared their businesses ineligible for critical financing simply because a green card holder owns even a fraction of the company. Using policies ostensibly aimed at illegal immigration to punish lawful permanent residents is nothing short of ideological overreach and economic self-sabotage. The SBA exists to help viable small businesses grow, rather than imposing nativist tests that ignore an entrepreneur’s credit history, business plan, or ability to create jobs. When the federal government closes the door on qualified entrepreneurs, they’re also closing the door on American entrepreneurship and on American workers, while handing future companies, jobs, innovation, and investment to our competitors. America should be competing to attract people who want to invest and build here, not creating arbitrary barriers that drive their talent and capital elsewhere,” said Javier Palomarez, President and CEO of the United States Hispanic Business Council (USHBC). "The U.S. Small Business Administration's decision to prohibit legal permanent residents, including green card holders, from accessing SBA-backed loans has the potential for disastrous consequences that could reverberate throughout America's economy for years to come. After all, immigrants are twice as likely to start small businesses as U.S.-born individuals. Congress must overturn rules requiring the SBA to block legal permanent residents from accessing lending resources because so many of the entrepreneurs who drive job creation in this country were born outside the United States," said John Arensemeyer, Founder and CEO of Small Business Majority. “NCRC supports the Congressional Review Act resolution to overturn SBA’s citizenship restrictions that bar green-card holders from receiving the 7(a) and 504 loans. When qualified entrepreneurs are denied access to SBA loans, all of Main Street gets hurt. Communities lose jobs. Neighborhoods lose services. Local economies lose the opportunity to build wealth and shrink disparities,” said Jesse Van Tol, President & CEO of the National Community Reinvestment Coalition (NCRC). “We cannot afford to have the American Dream out of reach for hard-working, immigrant small business owners.” “Asian Americans and Asian immigrants have been integral in building local economies. They create businesses, jobs, and opportunities in communities across the country that benefit everyone. Lawful permanent residents pay taxes, invest in their communities, and strengthen Main Street, yet the SBA's discriminatory citizenship restrictions unfairly deny them access to the same tools that help small businesses grow and succeed. We applaud congressional leaders for advancing this resolution to overturn the latest restrictions on SBA lending for green card holders, and we urge lawmakers to also pass the Investing in the American Dream Act to fully restore access to SBA loan programs for all eligible people in the United States. Ensuring that immigrant-owned small businesses have a fair opportunity to access capital is essential to building a stronger, more inclusive economy that works for all,” said Joanna Derman, Director of Anti-Profiling, Civil Rights and National Security at Asian Americans Advancing Justice (AAJC). "Immigrant-owned businesses often turn to SBA 7(a) and 504 loans because they face higher denial rates from traditional lenders,” said Imani Augustus, Director of the Center for Entrepreneurial Opportunity. "These programs provide the capital they need to expand operations, hire workers, and invest in their businesses. Reversing the ban on lawful permanent residents is a critical first step toward ensuring these financing tools are accessible to everyone strengthening their communities through entrepreneurship. We applaud this action and urge Congress to fully restore access by passing the Investing in the American Dream Act.” "Last year, nearly 5,700 SBA loans worth $5.7 billion went to businesses owned by green card holders, supporting more than 80,000 jobs. These are entrepreneurs who have put down roots here, hired their neighbors, and invested in the communities they call home. Barring them from capital doesn't protect Main Street—it starves it. What should matter is the strength of a business and its potential to grow, not the immigration status of its owner. This resolution doesn’t eliminate all the citizenship restrictions in SBA’s policy change, but it’s a step toward restoring a commonsense principle that stood for more than 30 years," said Howard Wial, Director of Research at ICIC. "I'm encouraged to see Congress moving to reopen access to capital for green card holders, a key tool for small business survival. Green card holders accounted for an estimated 5,700 SBA loans in Fiscal Year 2025, worth $5.7 billion and supporting more than 80,000 jobs across the country. That capital is often what keeps a business operating through its toughest stretches when cash flow gets tight. When qualified entrepreneurs lose access to that capital over their immigration status rather than their ability to repay a loan, it's the local economy that pays the price,” said Small Business for America's Future Co-Chair Shaundell Newsome, Founder of Sumnu Marketing. “Small businesses are the backbone of the American economy, and entrepreneurs —including green card holders — take risks every day to build businesses, create jobs, and strengthen communities. SBA loan programs should be administered with clear, consistent standards that safeguard public resources while ensuring these programs remain focused on supporting eligible entrepreneurs and job creators. This resolution responds to the opportunity to support all entrepreneurs and preserve the integrity of federally supported lending programs. We applaud the introduction of this resolution and remain committed to policies that strengthen small businesses, promote economic growth, and maintain confidence in these vital lending programs,” said Carolina Martinez, CEO of CAMEO Network. “National CAPACD wholeheartedly supports the introduction of this resolution aimed at overturning the SBA's misguided policy prohibiting immigrants from accessing the 7(a) and 504 loan programs. As a coalition, we are committed to creating systems, organizations, and societies that are fair and just. We believe we and our economy are stronger when we uplift our rich and diverse communities. Access to capital helps small businesses create jobs, build wealth, and strengthen neighborhoods. Restoring this pathway is an important first step toward ensuring immigrant entrepreneurs can continue to grow their businesses and contribute positively to our economy as a whole. We urge Congress to build on this momentum by passing the Investing in the American Dream Act, which would fully restore fair access to safe and affordable credit and uphold our commitment to a fair economy that works for everyone,” said Seema Agnani, CEO of National CAPACD. Ranking Member Markey is fighting for small business owners and immigrants that rely on SBA loans to start and run their businesses, create jobs, and contribute to their communities. In May, Ranking Member Markey highlighted the significant contributions of immigrant entrepreneurs in Massachusetts and across the country and condemned the Trump administration’s repeated attacks on immigrant communities at a Small Business Committee hearing. MIRA’s Elizabeth Sweet, who participated in Ranking Member Markey’s listening session earlier in May, provided testimony at the hearing. Also in May, Ranking Member Markey hosted a listening session at the Urban College of Boston to hear directly from several Massachusetts immigrant small business owners, lenders, and chambers of commerce how President Trump’s cruel and callous anti-immigrant policies are hurting Main Streets in the Bay State. Earlier in May, Ranking Member Markey hosted a press conference alongside Ranking Member Velázquez, Democratic lawmakers, and stakeholders to condemn the Trump administration’s harmful anti-immigrant lending policies and to introduce the Investing in the American Dream Act. In March, Ranking Member Markey released a comprehensive report detailing the harms to small business owners, workers, and consumers caused by the Trump administration’s ICE raids in communities across the country. In February, Ranking Member Markey introduced the Small Business ICE Disruption Fund Act, which would provide grants to small businesses that have been impacted by the Trump administration’s violent immigration enforcement actions on Main Streets across the United States. Earlier in February, Ranking Member Markey, Ranking Member Velázquez, Congressional Black Caucus Chair Yvette Clarke (D-N.Y.), Congressional Hispanic Caucus Chair Adriano Espaillat (D-N.Y.), and Congressional Asian Pacific American Caucus Chair Grace Meng (D-N.Y.) sent a letter urging the SBA to rescind their lending rule change that bars legal permanent residents from receiving SBA loans. Previously, Ranking Members Markey and Velázquez released a statement condemning the actions of the SBA after it announced that small businesses with legal permanent residents will be barred from receiving SBA loans. In December 2025, Ranking Member Markey and all Democratic members of the Senate Small Business Committee sent a letter to the SBA reiterating concerns with the SBA’s citizenship requirements and highlighting a drop in SBA lending volume. In September 2025, Ranking Member Markey heard directly from SBA lenders about the issues with the citizenship verification requirements. In July 2025, Ranking Members Markey and Velázquez sent a letter to the SBA expressing serious concerns with the agency’s new, draconian citizenship verification requirements that require small businesses seeking SBA loans to be 100% owned by U.S. citizens, nationals, and legal permanent residents. SBA has not responded to the letter. ###
Ranking Member Markey, Senator Hirono Reject Trump’s SBA Policy Proposal that Harms Underserved Small Business Owners and Entrepreneurs
Letter (PDF) (Washington, July 17) – Ranking Member Edward J. Markey (D-Mass.) and Senator Mazie Hirono (D-Hawaii) submitted a comment letter to the Small Business Administration (SBA) opposing a proposed rule change by Trump’s SBA to the 8(a) Business Development Program that would harm underserved small business owners and entrepreneurs. The 8(a) Business Development Program was created by Congress more than 50 years ago to level the playing field for small business owners and entrepreneurs who have faced discrimination in starting and operating their businesses. The SBA’s proposed change ignores the existence of historic discrimination that minority and underserved small businesses have faced and continue to face. In the letter, the lawmakers wrote, “SBA’s proposed rule ignores present-day barriers that entrepreneurs from minority and underserved communities face. Discrimination is not dead; minority entrepreneurs continue to face reduced access to contracting opportunities and capital, as well as racial threats and targeting, including unequal treatment, refusal by others to work with minority-owned firms, being called racial slurs, and bias in the workplace. These barriers lead to wide underutilization of, and less revenue for, minority-owned businesses compared to majority-owned businesses, as supported by decades of disparity studies. The proposed rule diminishes the history of systemic racial and ethnic discrimination in the United States by claiming that remedies for discrimination create discrimination in and of themselves.” The lawmakers continued, “The program has always been open to anyone who can prove they have experienced prejudice or cultural bias in education, employment, entrepreneurship, and other facets of our society. Nonetheless SBA has moved forward with the proposed rule. It lacks a reasoned basis, purporting that the federal government has discriminated against White Americans, but offering no substantive qualitative or quantitative data or research in support. If the examples provided in the proposed rule are the only basis for what constitutes discrimination to the agency, they are woefully insufficient. The final rule must provide strong evidence that there is discrimination against White individuals and show how the rule is narrowly tailored to address it. The record remains devoid of evidence of discrimination against White individuals on the basis of race.” Ranking Member Markey is fighting to protect federal programs that address historic discrimination against small business owners from minority and underserved communities, and for a small business agenda that ensures economic opportunity for all. In June, Ranking Member Markey released a statement condemning the SBA’s proposed changes to the 8(a) Business Development Program. Also in June, Ranking Markey released a new report highlighting Trump’s drastic reduction in federal contracting dollars awarded to American small businesses, including minority-owned small businesses. In February, Ranking Member Markey, alongside Senators Hirono and Cory Booker (D-NJ), and Representative Ayanna Pressley (MA-7), introduced the Strengthening Place-based Access, Resources, and Knowledge (SPARK) Act to spur entrepreneurship and increase access to capital and resources for underserved entrepreneurs nationwide. Ranking Member Markey previously held a field hearing in Roxbury, Massachusetts, to discuss how government and the private sector can come together to make entrepreneurship more accessible for underserved communities. Earlier in February, Ranking Member Markey secured funding with the Appropriations Committee for Small Business Development Centers, Women’s Business Centers, SCORE Chapters, and Veterans Business Outreach Centers and provisions to rein in the Administration’s attempts to eliminate programs that support women, veterans, and underserved entrepreneurs. In January, Ranking Member Markey sent a letter to the Consumer Financial Protection Bureau to oppose rule changes that would gut protections against discriminatory lending practices that harm small businesses. In December 2025, Ranking Member Markey sent a letter to SBA Administrator Kelly Loeffler expressing significant concerns with the SBA’s overly burdensome request and unclear guidance for extensive financial documentation over the holidays, as a part of their sweeping attempts to dismantle the 8(a) Business Development Program. In July and December 2025, Ranking Member Markey sent letters to the SBA Administrator demanding answers about the Trump administration’s efforts to limit economic opportunity for American entrepreneurs, including immigrants. In May 2025, Ranking Member Markey sent a letter to the SBA Administrator rejecting President Trump’s FY 2026 budget proposal and calling on SBA to immediately release funding for the entrepreneurial development programs, which include programs like the Women’s Business Centers and the Veteran’s Business Development Centers that support underserved small business owners. In April 2025, Ranking Member Markey introduced the New Start Act of 2025 to establish a five-year pilot program providing grants to support entrepreneurial development training for currently or formerly incarcerated individuals. In February 2025, Ranking Member Markey sent letters to the SBA Administrator and Government Accountability Office (GAO) condemning President Trump’s war on diversity, equity, inclusion, and accessibility (DEIA) policies and asking how the SBA intends to implement Trump’s anti-DEIA executive orders. ###
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