Small Business Administration (SBA)

Small businesses drive our economy. They create 70% of the new jobs and represent more than half of our non-farm private GDP. Since August 2003, more than 7.2 million jobs have been created —more jobs than the European Union and Japan combined.

Last year, SBA and its technical assistance partners counseled nearly 1.5 million entrepreneurs and its website received 26 million hits;

The SBA lends or guarantees more than $78 billion in loans and investments; It helps small business procure a fair share of government contracts, a record $80 billion in 2005;