Small Business Administration Set to Remove 628 Companies From Development Program

Date:

Administrator of the Small Business Administration Kelly Loeffler speaks during an interview with EpochTV’s “American Thought Leaders” at her office in Washington on Jan. 7, 2026. Madalina Kilroy/The Epoch TimesThe Small Business Administration (SBA) is removing 628 companies from its 8(a) Business Development Program after they refused to produce, for review, three years of financial documents, the agency said in a March 4 statement.The 8(a) program seeks to help small business owners, who are considered socially and economically disadvantaged, to develop and grow operations through training, workshops, and guidance. Program participants gain access to contracting opportunities in the federal marketplace.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Wall Street Review: Stocks Recover as Tech Earnings Lift Sentiment

Better-than-expected earnings reports from Microsoft and Amazon during the...

US Embassy Issues Security Alert After Thousands of Illegal Immigrants Cross Into Spain

Young Moroccan migrants sort through piles of discarded shoes...

US Bans Imports From 43 Chinese Firms Over Forced Labor Charge

Young girls sew clothes in a workshop in Hotan,...

Greek Deli Shuts After 54 Years as Owner Cites Tough Business Conditions

A beloved Greek deli in the heart of Sydney’s...