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The S.B.A. does not lend directly to businesses, but instead backs loans to encourage banks to invest in small businesses as part of a nearly $90 billion portfolio.

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Karen Mills

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After four years as Administrator of the SBA, I have let President Obama know that I will not be staying for a second term. I will stay on until my successor is confirmed to ensure a smooth and seamless transition.

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Working pretty much nonstop as an artist, the hardest thing is to know what to do with yourself when you have some time off. You struggle with yourself to take a vacation.

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May 3, 2024

Working pretty much nonstop as an artist, the hardest thing is to know what to do with yourself when you have some time off. You struggle with yourself to take a vacation.

Previous

May 3, 2024

After four years as Administrator of the SBA, I have let President Obama know that I will not be staying for a second term. I will stay on until my successor is confirmed to ensure a smooth and seamless transition.

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