Key findingsSixty percent of approved borrowers sought financing for working capital needs, like paying for inventory, overhead or repairs.Approved borrowers reported earning a median annual revenue of $900,000, though it varied by quarter, industry and time in business.The gap between what borrowers requested and what they ultimately received was widest among lower-revenue businesses. But smaller...

The latest update from Trump's Small Business Administration presents itself as an Independence Day gift for entrepreneurs: up to $10 million in SBA financing. But small-business owners shouldn't start celebrating just yet.Beginning July 4, 2026, qualified borrowers will be able to access up to $10 million in SBA financing by combining 7(a) and 504 loans....