The U.S. Small Business Administration helps Americans start, build, and grow businesses. The SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise, and to maintain and strengthen the overall economy of our nation. SBA accomplishes this mission by advocating for small businesses, empowering the spirit of entrepreneurship within every community, and delivering the results necessary to help America’s small businesses succeed. SBA services include financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. SBA also provides loans to victims of natural disasters, specialized advice and assistance in international trade, and COVID-19 relief options.
The SBA Office of Advocacy reviews Congressional legislation, testifies on behalf of small businesses, and assesses the impact of regulatory burden on small businesses. Regulatory Alerts lists documents published in the Federal Register and open for comment that may significantly affect small businesses. Advocacy encourages affected small businesses to provide the Federal agency issuing the notice with comments on the proposed action and the agency’s analysis of its potential impacts on small business. Please share with the Office of Advocacy your comments on these and other regulatory proposals of importance to small businesses.
Isabella Casillas Guzman serves as the 27th Administrator of the U.S. Small Business Administration (SBA) and was sworn in on Wednesday, March 17, 2021. Administrator Guzman represents the more than 30 million U.S. small businesses and is committed to helping small business owners and entrepreneurs start, grow and be resilient.
Paycheck Protection Program FAQs
These FAQs address the Paycheck Protection Program (“PPP”), as recently amended by the American Rescue Plan Act, which was signed into law on March 11, 2021. These FAQs are based upon the information and guidance issued by the Treasury Department and Small Business Administration as of April 6, 2021. We will continue to update these FAQs as we receive additional guidance from the SBA and the Treasury Department.