Trump partners with SBA, makes huge change to ‘supercharge’ small business growth

President Trump is making good on his promise to make America’s manufacturing sector great again, and he’s not forgetting about small business owners.

According to sponsors of the Made in America Manufacturing Finance Act, loans for manufacturers have increased by 74% during President Trump’s first 100 days, Fox News Digital reported.

New legislation brought by House Small Business Committee chairman Roger Williams, R–TX, Sen. Joni Ernst, R-Iowa, and Small Business Administration Administrator Kelly Loeffler seeks to increase domestic manufacturing by doubling the capital small businesses can access.

BIG news: Today, in partnership with the SBA, @SenJoniErnst and @RepRWilliams will introduce new legislation to DOUBLE the SBA loan limit for small manufacturers.

We will bring back Made in America with new capital to supercharge industrial growth, hiring, and investment! pic.twitter.com/uwlIWyP6OG

— Kelly Loeffler (@SBA_Kelly) May 1, 2025

“On Liberation Day, President Trump made a clear promise to fight for our businesses and workers by bringing back the jobs and supply chains that built this nation — and today, we’re delivering,” Loeffler said, calling small businesses the “foundation of America.”

“The Made in America Manufacturing Finance Act will double SBA loan limits for small manufacturers, supercharging the return of American industry by giving small businesses the capital they need to expand, hire, and compete.”

Williams argued in favor of the Act, saying small businesses make up “nearly 99% of all U.S. manufacturers.”

“The Made in America Manufacturing Finance Act provides small business owners the capital they need to expand, modernize, and compete. We must continue to support and empower the job creators who keep our communities thriving,” he continued.

“Together, we will continue driving the America First Agenda forward and creating an environment where the success of Main Street is a priority,” Williams said.

Williams cited the cooperation between the Trump administration, the Senate and the House as a good signal of how all three will continue to work together in the future, Fox Digital reported.

“Today marks a major step in bringing back ‘Made in America, ’” Ernst said.

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