Economy

Save the SBA 7(A) Loan Program

Petition is addressed to
DOGE

18 signatures

500 for collection target

18 signatures

500 for collection target
  1. Launched 05/02/2025
  2. Time remaining > 4 months
  3. Submission
  4. Dialog with recipient
  5. Decision

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Petition is addressed to: DOGE

Small & Medium Size Business Entrepreneurship in the US is under attack.

With the new DOGE announcement of their infiltration of the Small Business Administration office, they are misrepresenting the success of the SBA Loan program and in particular the SBA 7(a) Loan Program. 
The SBA 7(a) is one of the most incredible, unique and successful tools as it relates to supporting entrepreneurship in the acquisition and transition of Main Street businesses from one generation of entrepreneurs to another. If the 7(a) program is discontinued, it will negatively impact an entire generation of hard working Small Business owners, and curtail the future of entrepreneurship in the US.  
If we do not band together and support the SBA and in particular the 7(a) program - telling Elon Musk and DOGE that they are intentionally wrong in their assessment and desire to systematically dismantle the program - Main Streets will continue to be decimated, jobs will be lost and entrepreurial dreams will be crushed.

Reason

The US was founded by entrepreneurs - let's keep their dreams alive. 
This petition is supported by Search Fund Coalition and supporting partners involved in the Search Fund / ETA - Small Business Acquisition Space. Collectively we want our voices to be heard. 

Please sign our petition and share your stories of how SBA 7a loan has been a life changing mechanism you and other entrepeneurs you have worked with. 

Thank you for your support, Search Fund Coalition , Brooklyn NY
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Petition details

Petition started: 02/05/2025
Petition ends: 08/04/2025, 23:59 EDT
Region: United States of America
Topic: Economy

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Why people sign

The SBA 7(a) program is a lifeblood to Main Street businesses. The program supports itself with the fees collected from borrowers. Lets keep it going so small businesses can continue to thrive and create more jobs.

I acquired a business via a 7a loan. These loans not only make it worthwhile for an entrepreneur to start and build a business, they make it possible for another entrepreneur to buy that business. This program pays for itself - exactly the type of government program we need!!

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