{"id":3235,"date":"2026-07-28T12:09:11","date_gmt":"2026-07-28T12:09:11","guid":{"rendered":"https:\/\/corporate-movers-usa.com\/?p=3235"},"modified":"2026-07-28T12:09:11","modified_gmt":"2026-07-28T12:09:11","slug":"the-small-business-administration-is-offering-new-grants-and-up-to-10-million-in-financing","status":"publish","type":"post","link":"https:\/\/corporate-movers-usa.com\/?p=3235","title":{"rendered":"The Small Business Administration is offering new grants and up to $10 million in financing"},"content":{"rendered":"<div>\n<div>\n<div><audio><\/audio><\/div>\n<\/div>\n<p>Despite a significant reduction in its staffing, the Small Business Administration (SBA) has been sharply focused this year on reorganizing internally, going after COVID fraud, and \u2014 of high importance to many small businesses \u2014 providing more financial resources, particularly grants, guarantees, and loans.<\/p>\n<p>Read more <a href=\"https:\/\/corporate-movers-usa.com\/?p=3233\">In Montco data center fight, local officials say a developer has \u2018bullied\u2019 them. He says that\u2019s a \u2018bold-faced lie.\u2019<\/a><\/p>\n<div><\/div>\n<p>For example, the agency is offering new supply chain grants. Launched last week, these grants \u2014 a total of 20 for up to $500,000 each \u2014 are targeted at helping small businesses address supply chain constraints and increase production.<\/p>\n<div><\/div>\n<div><\/div>\n<p>Companies and nonprofits can apply if they are eligible in a variety of industries that deliver technical assistance, industry engagement, supplier development, or similar services so that small businesses can reshore more of their purchasing or manufacturing. <\/p>\n<div><\/div>\n<p>The deadline for proposal submissions is Aug. 7.<\/p>\n<div><\/div>\n<div>\n<h3>Increased loan availability to $10 million<\/h3>\n<\/div>\n<div><\/div>\n<p>The SBA offers various loan and loan guarantee options, with its two most popular being the Section 7(a) and Section 504 programs. These programs can help fund equipment, property, and other capital costs \u2014 including the purchase of a business \u2014 through guaranteed loans made available by their network of qualified financial institutions.<\/p>\n<div><\/div>\n<p>Each program allows a maximum of $5 million in financing, but this month the agency announced it will allow qualified borrowers to combine the programs to create a maximum $10 million in potential financing.<\/p>\n<div><\/div>\n<div><\/div>\n<p>Sherwood Robbins, who runs Seedcopa, a firm specializing in SBA financing that has offices in Exton and Wilmington, says he\u2019s very optimistic about the program.<\/p>\n<div><\/div>\n<p>\u201cJust about any business or industry can benefit from this new way to combine the SBA 504 and SBA 7(a) loan programs,\u201d he said. \u201cWhen used correctly and for the right projects, small businesses now get access to larger loan limits across the two SBA loan programs for their growth and expansion.\u201d<\/p>\n<div><\/div>\n<div>\n<h3>Grocery and manufacturing guarantee loans <\/h3>\n<\/div>\n<div><\/div>\n<p>In March, the SBA said that it was making a special effort to provide financing for small businesses that produce, process, distribute, and sell food by increasing the loan guarantee they offer to their member banks issuing loans for up to 90% from the current 75% level. <\/p>\n<div><\/div>\n<p>That same month, the agency said that it would provide the same additional guarantees for small manufacturers to help them expand facilities, hire workers, and increase production. <\/p>\n<div><\/div>\n<div><\/div>\n<p>In addition, the SBA recently expanded its International Trade Loan eligibility to include small businesses across the food supply chain, including those in the agriculture, production, and logistics industries. <\/p>\n<p>Read more <a href=\"https:\/\/corporate-movers-usa.com\/?p=3231\">Democrat\u2019s TV ad targets data centers in drive to oust Republican from swing Pennsylvania House seat<\/a><\/p>\n<div><\/div>\n<p>\u201cBeing able to do 90% financing versus 80% or 75% financing lets businesses hold on to that critical cash so that they can invest in other parts of their business,\u201d said Tom Pretty, head of SBA Lending at TD Bank, which has dozens of locations in the area. \u201cBecause of the SBA guarantee, a lender may be able to lend more aggressively against accounts receivable, inventory or other assets and provide a larger line to help a customer grow more quickly.\u201d<\/p>\n<div><\/div>\n<div>\n<h3>Manufacturing grants<\/h3>\n<\/div>\n<div><\/div>\n<p>In May, the agency announced the availability of up to $50 million in grants to as many as 10 eligible applicant organizations. The grants could go toward training, technical assistance, and support \u201cthey need to grow, reshore critical supply chains, and help secure America\u2019s position as a global manufacturing powerhouse for generations to come,\u201d said SBA administrator Kelly Loeffler.<\/p>\n<div><\/div>\n<p>Under this program, eligible U.S. small businesses in industries such as aerospace, industrial machinery and equipment, construction equipment, metal fabrication, and robotics would get access to free business courses, hands-on training, and one-on-one consulting. The deadline for this year\u2019s program was June, but the program will likely be back, so watch for opportunities to apply.<\/p>\n<div><\/div>\n<div>\n<h3>New working capital loans<\/h3>\n<\/div>\n<div><\/div>\n<p>The agency announced last year that it would provide new working capital loans to eligible companies under its existing 7(a) program that could be used for financing receivables and other working capital needs beyond the program\u2019s traditional objective of financing equipment and property. <\/p>\n<div><\/div>\n<p>The working capital loans come at a higher interest rate than a traditional 7(a) loan but are still much lower than what most credit cards and private lenders charge. In February the agency announced that $150 million in credit was extended under the new program.<\/p>\n<div><\/div>\n<div><\/div>\n<p>Pretty advises his customers to use these loans when borrowing needs fluctuate or they are taking on large contracts where funding can help with payroll, inventory, and other costs.<\/p>\n<div><\/div>\n<p>\u201cUnlike a standard 7(a) term loan, the working-capital program revolves, so the business draws funds as needed and pays interest only on the amount being used,\u201d he said. \u201cIt\u2019s like having a credit-card limit without remaining fully borrowed all the time.\u201d <\/p>\n<div><\/div>\n<p>Your business may be eligible for these programs, so it\u2019s important to discuss with people who are familiar with what would best for you. This can include an SBA banker, an expert from SCORE, or a local Small Business Development Center office.<\/p>\n<div><\/div>\n<p>\u201cWhen used correctly for the right projects, small businesses can really benefit by getting access to these programs for their growth and expansion,\u201d Robbins said.<\/p>\n<p>Read more <a href=\"https:\/\/corporate-movers-usa.com\/?p=3229\">Fallout from N.J.\u2019s voter roll glitch | Inquirer South Jersey<\/a><\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The SBA is providing more financial resources, particularly grants, guarantees, and loans for a variety of business uses.<\/p>\n","protected":false},"author":1,"featured_media":3234,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,12],"tags":[],"class_list":["post-3235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-small-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Small Business Administration is offering new grants and up to $10 million in financing - Corporate Movers USA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/corporate-movers-usa.com\/?p=3235\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Small Business Administration is offering new grants and up to $10 million in financing - Corporate Movers USA\" \/>\n<meta property=\"og:description\" content=\"The SBA is providing more financial resources, particularly grants, guarantees, and loans for a variety of business uses.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/corporate-movers-usa.com\/?p=3235\" \/>\n<meta property=\"og:site_name\" content=\"Corporate Movers USA\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-28T12:09:11+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/#\\\/schema\\\/person\\\/e17225d0157cf1fa5c6e5e795cc26626\"},\"headline\":\"The Small Business Administration is offering new grants and up to $10 million in financing\",\"datePublished\":\"2026-07-28T12:09:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235\"},\"wordCount\":885,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/corporate-movers-usa.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2f3ccb2231205c577c719c6aa848e08e.avif\",\"articleSection\":[\"Business\",\"Small Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235\",\"url\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235\",\"name\":\"The Small Business Administration is offering new grants and up to $10 million in financing - Corporate Movers USA\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/corporate-movers-usa.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2f3ccb2231205c577c719c6aa848e08e.avif\",\"datePublished\":\"2026-07-28T12:09:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/#\\\/schema\\\/person\\\/e17225d0157cf1fa5c6e5e795cc26626\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#primaryimage\",\"url\":\"https:\\\/\\\/corporate-movers-usa.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2f3ccb2231205c577c719c6aa848e08e.avif\",\"contentUrl\":\"https:\\\/\\\/corporate-movers-usa.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2f3ccb2231205c577c719c6aa848e08e.avif\",\"width\":760,\"height\":507},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?p=3235#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/corporate-movers-usa.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Small Business Administration is offering new grants and up to $10 million in financing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/#website\",\"url\":\"https:\\\/\\\/corporate-movers-usa.com\\\/\",\"name\":\"Corporate Movers USA\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/corporate-movers-usa.com\\\/#\\\/schema\\\/person\\\/e17225d0157cf1fa5c6e5e795cc26626\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/corporate-movers-usa.com\"],\"url\":\"https:\\\/\\\/corporate-movers-usa.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Small Business Administration is offering new grants and up to $10 million in financing - Corporate Movers USA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/corporate-movers-usa.com\/?p=3235","og_locale":"en_US","og_type":"article","og_title":"The Small Business Administration is offering new grants and up to $10 million in financing - Corporate Movers USA","og_description":"The SBA is providing more financial resources, particularly grants, guarantees, and loans for a variety of business uses.","og_url":"https:\/\/corporate-movers-usa.com\/?p=3235","og_site_name":"Corporate Movers USA","article_published_time":"2026-07-28T12:09:11+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/corporate-movers-usa.com\/?p=3235#article","isPartOf":{"@id":"https:\/\/corporate-movers-usa.com\/?p=3235"},"author":{"name":"admin","@id":"https:\/\/corporate-movers-usa.com\/#\/schema\/person\/e17225d0157cf1fa5c6e5e795cc26626"},"headline":"The Small Business Administration is offering new grants and up to $10 million in financing","datePublished":"2026-07-28T12:09:11+00:00","mainEntityOfPage":{"@id":"https:\/\/corporate-movers-usa.com\/?p=3235"},"wordCount":885,"commentCount":0,"image":{"@id":"https:\/\/corporate-movers-usa.com\/?p=3235#primaryimage"},"thumbnailUrl":"https:\/\/corporate-movers-usa.com\/wp-content\/uploads\/2026\/07\/2f3ccb2231205c577c719c6aa848e08e.avif","articleSection":["Business","Small Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/corporate-movers-usa.com\/?p=3235#respond"]}]},{"@type":"WebPage","@id":"https:\/\/corporate-movers-usa.com\/?p=3235","url":"https:\/\/corporate-movers-usa.com\/?p=3235","name":"The Small Business Administration is offering new grants and up to $10 million in financing - Corporate Movers USA","isPartOf":{"@id":"https:\/\/corporate-movers-usa.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/corporate-movers-usa.com\/?p=3235#primaryimage"},"image":{"@id":"https:\/\/corporate-movers-usa.com\/?p=3235#primaryimage"},"thumbnailUrl":"https:\/\/corporate-movers-usa.com\/wp-content\/uploads\/2026\/07\/2f3ccb2231205c577c719c6aa848e08e.avif","datePublished":"2026-07-28T12:09:11+00:00","author":{"@id":"https:\/\/corporate-movers-usa.com\/#\/schema\/person\/e17225d0157cf1fa5c6e5e795cc26626"},"breadcrumb":{"@id":"https:\/\/corporate-movers-usa.com\/?p=3235#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/corporate-movers-usa.com\/?p=3235"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/corporate-movers-usa.com\/?p=3235#primaryimage","url":"https:\/\/corporate-movers-usa.com\/wp-content\/uploads\/2026\/07\/2f3ccb2231205c577c719c6aa848e08e.avif","contentUrl":"https:\/\/corporate-movers-usa.com\/wp-content\/uploads\/2026\/07\/2f3ccb2231205c577c719c6aa848e08e.avif","width":760,"height":507},{"@type":"BreadcrumbList","@id":"https:\/\/corporate-movers-usa.com\/?p=3235#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/corporate-movers-usa.com\/"},{"@type":"ListItem","position":2,"name":"The Small Business Administration is offering new grants and up to $10 million in financing"}]},{"@type":"WebSite","@id":"https:\/\/corporate-movers-usa.com\/#website","url":"https:\/\/corporate-movers-usa.com\/","name":"Corporate Movers USA","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/corporate-movers-usa.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/corporate-movers-usa.com\/#\/schema\/person\/e17225d0157cf1fa5c6e5e795cc26626","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/corporate-movers-usa.com"],"url":"https:\/\/corporate-movers-usa.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=\/wp\/v2\/posts\/3235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3235"}],"version-history":[{"count":0,"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=\/wp\/v2\/posts\/3235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=\/wp\/v2\/media\/3234"}],"wp:attachment":[{"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corporate-movers-usa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}