Small Business Administrator Kelly Loeffler has announced that the Trump administration has delivered $100 billion in support to Main Street businesses for the second consecutive year. Loeffler credited the funding to President Donald Trump's tax cuts, deregulation, and trade policies, presenting it as a key talking point in the upcoming battle for Congress.
"We just recorded our second consecutive year of getting $100 billion to Main Street businesses," Loeffler told Fox News Digital. She stated that business owners express a desire to expand but require assurance of long-term investment from Washington, with a frequent need for more skilled workers.
The economic debate is seen as crucial for determining control of Congress, as both parties aim to convince voters that their policies will foster economic improvement. Loeffler indicated that business owners are concerned about potential increases in taxes and regulations from Democratic policies.
According to the Small Business Administration, the $100 billion total encompasses private investment, disaster aid, and business support programs. In fiscal year 2026, the SBA guaranteed 62,205 loans totaling $39.5 billion through its 7(a) and 504 programs, marking its third-highest loan volume on record. The agency noted that a 43-day government shutdown in the past had halted lending for nearly two months, impacting an estimated $5 billion in financing for that fiscal year.
Loeffler's remarks frame the economic support as a success of the current administration's approach, positioning it against what she characterized as Democratic plans to heavily regulate and tax businesses. The upcoming midterm elections are set to decide control of the House and Senate, influencing the legislative agenda for the remaining years of Trump's term.