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Trump SBA Announces Surge in Manufacturing Loans

FIRST ON THE DAILY SIGNAL—As Democrats criticize tariffs as bad for business, the Trump administration’s Small Business Administration announced an almost 75% surge in loans to small manufacturers, The Daily Signal has learned.

“Loan applications and approvals for small manufacturers are surging—a clear sign that American manufacturing is roaring back, fueled by pro-growth policies that put American workers and businesses first,” said SBA Administrator Kelly Loeffler.

The number of SBA 7(a) loan approvals for small manufacturers has increased by 74% compared with the same period during the Biden administration, according to the SBA.

Kelly Loeffler testifies befort the Senate Small Business and Entrepreneurship Committee on Jan. 29. (Nathan Posner/Anadolu via Getty Images)

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