Small Business Administration

[ smawl biz-nis ad-min-uh-strey-shuhn ]

noun

, U.S. Government.

1. a federal agency, created in 1953, that supports the growth of small businesses with counseling, contracts, and capital from guaranteed loans. : SBA, S.B.A.

Example Sentences

In order for PPP loans to be forgiven, the federal Small Business Administration initially required borrowers to spend 75% of the funds on payroll over eight weeks.

From ProPublica

Then, a city government official told him about the federal Small Business Administration, which guarantees loans to small companies.

From ProPublica

For example, more than 1,000 Sonic Drive-In restaurants received PPP funds, accumulating more than $100 million in all, according to a Washington Post analysis of recently released Small Business Administration data.

From Washington Post

Today, the Export-Import Bank is closed, and so is the Small Business Administration.

From The Daily Beast

Last fiscal year, the Small Business Administration made made 45,464 loans, valued at $17.24 billion.

From The Daily Beast

Eliminate the Education Department and the State Department, but keep the Small Business Administration and the Marines.

From The Daily Beast

Today the governor of Louisiana requested the Small Business Administration for loan assistance for Louisiana fisherman.

From The Daily Beast