Kelly Loeffler Takes Over SBA Leadership as Linda McMahon Transitions to Education Secretary in 2025

Linda McMahon no longer serves as the Administrator of the Small Business Administration. According to Paul Hastings Daily Financial Regulation Update from March 18, 2026, Kelly Loeffler took that role effective February 19, 2025, while McMahon became Secretary of Education effective March 3, 2025. Under Loefflers leadership, the Small Business Administrations Office of Inspector General released a report on March 17, 2026, titled SBAs Screening of 7(a) Loan Applications Under its Risk Mitigation Framework. Paul Hastings reports this evaluation examines how the agency handles loan risks for small businesses. The House Committee on Small Business held a hearing on March 18, 2026, reviewing the Office of Field Operations outreach. The Federal Newswire notes Chairman Roger Williams praised Loeffler for decentralizing operations from Washington, D.C., moving staff to local areas. He highlighted 683 events in 2025 for onshoring, like the Made in America Roadshow, and a new portal connecting over a million suppliers. PilieroMazza Weekly Update from March 19, 2026, details a recent SBA ban on foreign nationals, non-citizens, and certain permanent residents owning interests in small businesses applying for 7(a) and 504 loans. This expands to Surety Bond and Microloan programs on April 1, 2026, aiming to protect domestic applicants. McMahon, now in education, drew attention in an Ipsos Care-o-Meter report for calling artificial intelligence A1 in a speech pushing more tech in schools. Inside Higher Ed from March 19, 2026, mentions her past SBA tenure as a model for collaborations. These moves reflect efforts to bolster small businesses amid regulatory shifts. Thank you for tuning in, listeners. 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.