AGP Executive Report
Last update: 7 hours agoSBA & immigration rules: The SBA stopped approving loans for green-card holders under a new policy that limits eligibility to fully U.S.-citizen ownership, tightening access for immigrant entrepreneurs who previously relied on SBA funding. World Cup disruption for small businesses: New York City is restricting Midtown deliveries during World Cup match days, with truck bans that can last up to 11 hours, and taxi drivers warn roadblocks and gridlock could further cut trips and sales. Tariffs still on the table: A federal appeals court let Trump’s 10% worldwide tariffs keep being collected while legal fights continue, a procedural win that keeps pressure on import costs for small businesses. Disaster relief updates: The SBA rolled out low-interest disaster loans for drought-hit South Carolina and for multiple weather events in California, Illinois, New Jersey, and Rhode Island, offering working-capital help even without physical damage. Federal contracting shake-up: The SBA proposed major changes to the 8(a) program, ending race-based “social disadvantage” admissions and requiring applicants to prove eligibility with verifiable facts. Local business support: Palm Bay, Florida opened a new no-cost Small Business Development Center office at UCF, expanding counseling, training, and market research for entrepreneurs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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