SBA Touts $100 Billion for Main Street as Midterms Test Trump Economic Record

1 articles · Updated · Fox News · Nov 2

$100 billion in support reached Main Street businesses for a second straight year, SBA chief Kelly Loeffler said, casting it as evidence that Trump’s tax cuts, deregulation and trade policies are driving growth.
62,205 SBA-backed 7(a) and 504 loans worth $39.5 billion were guaranteed in fiscal 2026—the agency’s third-highest volume on record—while the broader total also included private investment, disaster aid and other business support.
Loeffler said owners want to expand but need confidence that Washington will avoid heavier taxes and regulation; the most common constraint she hears is a shortage of skilled workers.
A 43-day government shutdown still disrupted the picture, halting the SBA’s main lending programs for nearly two months and costing an estimated $5 billion in financing over the fiscal year.
The pitch lands as both parties battle over the economy ahead of the 2026 midterms, which will decide control of Congress and shape Trump’s final two years in office.