NEWS RELEASE
U.S. SMALL BUSINESS ADMINISTRATION
Today, the U.S. Small Business Administration (SBA) launched its first-ever loan program dedicated to supporting America’s small manufacturers, which make up 98% of all U.S. manufacturers. The 7(a) Manufacturer’s Access to Revolving Credit (MARC) Loan Program will offer working capital for small businesses engaged in manufacturing ( NAICS 31-33), specifically designed to provide maximum flexibility and minimal red tape.
“With 98% of American manufacturers classified as small businesses, the new MARC Loans represent a powerful source of targeted capital for those who are growing our nation’s production,” said SBA Administrator Kelly Loeffler. “The SBA is working alongside President Trump to rebuild our industrial dominanc