Departments & agenciesView all actions on the Federal Register
Small Business Administration
Independent agenciesAt-will removal
At a glance
Type
Independent agencies
Removal of leadership
Removable at will
Appointed by
Appointed by the President, confirmed by the Senate
Structure
Single Administrator
Term
No fixed term
Funding
Annual appropriations
Independence
Direct presidential control
What it does
The SBA is the federal agency that supports the country's small businesses. It backs loans through private lenders, helps small firms win federal contracts, offers counseling and training, and provides low-interest disaster recovery loans to homeowners, renters, and businesses. It serves small firms and entrepreneurs nationwide rather than regulating an industry.
FinancialSmall BusinessEconomic DevelopmentLendingDisaster Relief
How it fits
Created by Congress under the Small Business Act (15 U.S.C. ch. 14A; 15 U.S.C. § 633 (originally Small Business Act of 1953, Pub. L. 83-163, Title II, 67 Stat. 230, 232; reenacted by the Small Business Act, Pub. L. 85-536, 72 Stat. 384 (1958))), it acts within the authority that statute grants. Its actions are subject to judicial review and to congressional oversight and funding.
Recent actions
The Entire United States and U.S. Territories; Military Reservist Economic Injury Disaster Loan Program (MREIDL)
Interest Rates
Presidential Declaration Amendment of a Major Disaster for the State of Indiana
Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Texas
Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Indiana
Administrative Declaration of an Economic Injury Disaster for the State of Florida
Removing Constitutional Concerns From SBA Programs
Administrative Declaration of a Disaster for the State of NEW YORK