# SBA Chief Kelly Loeffler Says Small Businesses Got $100 Billion for a Second Straight Year, Including $39.5 Billion in Guaranteed Loans

Republicans have a new economic talking point the day before the election. The agency says its 7(a) and 504 loan volume was its third highest on record despite a 43-day shutdown that cost an estimated $5 billion in lending.

- Section: [Economy](https://rightnewsrightnow.com/economy/)
- Published: 2026-11-02
- By: RightNewsRightNow Staff
- Canonical page: https://rightnewsrightnow.com/articles/sba-chief-kelly-loeffler-100-billion-main-street-second-year-62205-loans-39-5-billion-fox-news/

Small Business Administrator Kelly Loeffler is pointing to $100 billion in support for local employers as proof that President Trump's policies are working, Fox News reports in an exclusive.

Her claim. "We just recorded our second consecutive year of getting $100 billion to Main Street businesses," Loeffler told Fox News Digital. She credited Trump's tax cuts, deregulation and trade policies. She said business owners want to expand but need confidence that Washington will not bring heavier taxes and regulation: "What they can't tolerate is having Washington say that they're gonna massively regulate them, massively tax them." The most common request she hears, she said, is for more skilled workers.

The numbers. The SBA says it guaranteed 62,205 loans worth $39.5 billion through its 7(a) and 504 programs in fiscal 2026, its third-highest loan volume on record. The $100 billion total also counts private investment, disaster aid and business support, so it is not all lending. The agency says the 43-day government shutdown halted lending through its main loan programs for nearly two months and kept an estimated $5 billion in financing from going out.

The politics. Fox ties the release to the midterms, with both parties trying to persuade voters they have the better answer on household finances and business prospects.

What to keep in mind. These are the agency's own figures, released by an administration official the day before the election, and Fox does not report an outside check. The $100 billion mixes lending with other support. We have no year-over-year comparison for the $39.5 billion in guaranteed loans.

## Source

Original reporting: [Fox News](https://www.foxnews.com/politics/gop-reveals-fresh-100b-talking-point-battle-congress-looms)