Kelly Loeffler Launches 7(a) Working Capital Pilot Program to Support US Homebuilders as SBA Administrator

Linda McMahon is no longer the Administrator of the Small Business Administration. According to Paul Hastings Daily Financial Regulation Update on March 3, 2026, Kelly Loeffler has served in that role since February 19, 2025. The same report lists Linda McMahon as the U.S. Department of Education leader effective March 3, 2025. On March 3, 2026, SBA Administrator Kelly Loeffler announced a push for the 7(a) Working Capital Pilot Program to aid U.S. homebuilders. Markets Insider reports Loeffler stating that with mortgage rates below 6 percent for the first time in three years, the program offers up to 5 million dollars in flexible financing through local lenders. This helps builders start projects faster amid rising housing demand. The Small Business Administration continues focusing on support for entrepreneurs. On March 2, 2026, the SBA Office of Inspector General and U.S. Department of Agriculture Office of Inspector General began a joint effort in California to combat fraud in federal programs, signaling stronger enforcement. No recent headlines mention Linda McMahon in connection with the Small Business Administration. Instead, Washington Times coverage from March 3, 2026, notes her as Education Secretary posting a video on X about banners at the department honoring educators, including Charlie Kirk alongside Martin Luther King Junior. Listeners, tune in for the latest on small business leaders and policy shifts shaping the economy. Thank you for tuning in, and please subscribe for more updates. This has been a quiet please production, for more check out quiet please dot ai. For more http://www.quietplease.ai Get the best deals https://amzn.to/3ODvOta This content was created in partnership and with the help of Artificial Intelligence AI.