Listeners, there have been recent and significant developments regarding the leadership of the Small Business Administration. Linda McMahon is no longer serving as Administrator of the SBA. According to Paul Hastings, Kelly Loeffler became the new Administrator on February nineteenth, twenty twenty-five, while Linda McMahon accepted the role of Education Secretary effective March third, twenty twenty-five. This marks a major administrative transition, with McMahon now overseeing education policy and no recent headlines linking her to SBA decisions during the past few days.
Small business owners should be aware that the SBA, under current leadership, has announced over six billion dollars in disaster recovery funding for fiscal year twenty twenty-five. This support targets communities affected by wildfires, storms, and other major disasters, and aims to expedite loan approvals and disaster assistance. The current SBA team, led by Kelly Loeffler, is responding to disasters such as recent storms in Alaska by streamlining loan processes and tackling obstacles to recovery, including slow local permitting and previous issues with disaster relief funds. Disaster loan management, improved fraud protection, and expanding relief to new regions have been public priorities for the agency, but these initiatives have not been connected to Linda McMahon in any recent news.
Listeners may note that major SBA events, such as National Veterans Small Business Week, have been affected by the ongoing federal government shutdown. National Veterans Small Business Week was canceled, and state agencies have stepped in to support veteran entrepreneurs during this period. These changes are being managed by the current SBA administration, not Linda McMahon.
Separately, recent news has focused on President Trump’s proposal to transfer management of the federal student loan program from the Department of Education to the SBA. This plan involves the closure of several functions within the Education Department, which Linda McMahon now leads. A federal judge blocked this proposed transfer in May twenty twenty-five, so the situation remains unresolved and has created uncertainty for student loan borrowers. If reversed, the SBA would inherit a complex and vastly larger loan portfolio, which many experts say would be a major operational challenge requiring significant infrastructure changes and staffing, especially after deep cuts to SBA staff. Some experts have raised concerns about the risk of servicing errors, longer processing times, and privacy issues for borrowers if the transition proceeds. As of this week, however, the transfer is still on hold and Linda McMahon’s current role is entirely within the Education Department, not the SBA.
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